@antiterror13 Sir the crux of the matter with the Collective West about China state capitalism, in their eyes SGCC is an attractive proposition for privatization, they're preying I mean praying for it...lol. As most western vulture capitalist and financial investors, public utility is the most profitable way of doing business, with ROI of 150% or more as they buy the asset cheap and then recoup it by charging us high. Look at us in the global south, we are at their mercy cause without power and water you can't live.And China has topped the 2022 Fortune Global 500 list with 145 companies, the business magazine released on Wednesday. The State Grid Corporation of China (SGCC) ranked the 3rd spot this year, with a revenue of $460.63 billion.
Most of them are in the thriving SCAM industries.And congratulation to India that have 9 companies in there