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China’s companies win the race for producing employment giants, dwarfing American firms like GM, Apple or Exxon

When you don’t count Walmart, the largest employers in the world, are in China, not the United States. And the biggest firms in China are industrial and manufacturing companies, not a low-wage retailer China National Petroleum (1,636,532), China State Grid (913,546), Foxconn (803,126) and Sninopec (667,799) together employ 4,021,003 workers. Foxconn is well known in the U.S. for producing Apple phones in Longhua Town, Shenzhen, in the south of China. […]

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