The U.S. has surpassed China on the Fortune Global 500 list for the first time since 2018. While American corporations like Walmart and Amazon have long commanded top spots among the world's 500 largest companies, China has held more overall companies on the list than America has for the past six years. The US holds 139 companies on the Fortune 500 list, as opposed to China's showing of 133 companies.
7% compared with a year earlier," according to The Wall Street Journal. The Chinese Communist Party's elite Politburo has announced that it will push ahead with measures to raise consumer spending. TRUMP SAYS CHINA WANTS 'ANYBODY BUT ME' IN THE WHITE HOUSE: 'I WAS KICKING CHINA'S A--' Economic competition between the U.S. and China has also become a major political issue in the U.S.