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| Tuesday, December 02, 2008 00:25:51 |
SAIC and FAW listed in Fortune 500
Shanghai Automotive Industry Corp (SAIC) and FAW Group Corp, China’s top two domestic automakers, have been listed among the world’s largest 500 corporations by Fortune magazine, China Business News reported. FAW was ranked as the 303rd largest company with US$26.39 billion in annual revenue and SAIC was ranked 70 places back with US$22.62 billion in revenues in 2007, up 29 places on the year before. ...
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