The giant Chinese companies shaping the world's industries!

[Clutch]

The giant Chinese companies shaping the world's industries

AFPUpdated February 09, 2019
Facebook Count14
Twitter Share
19

The merger by Alstom and Siemens was vetoed by the European Union on Thursday, but concerns about the overwhelming power of vast, often state-backed Chinese companies is not limited to the rail industry. — File

It was fear of being dominated by a Chinese behemoth that sparked an attempt by large French and German rail companies to join forces to create a European industrial champion.

The merger by Alstom and Siemens was vetoed by the European Union on Thursday, but concerns about the overwhelming power of vast, often state-backed Chinese companies is not limited to the rail industry.

Here are some of areas in which Chinese companies control a large piece of the global market:

Rail
China's state-backed CRRC is the world's largest train manufacturer, with locomotives and wagons ordered across the globe from Boston to Philadelphia, Cambodia to Colombia, and customers including the iconic London Underground and Germany's Deutsche Bahn.

ARTICLE CONTINUES AFTER AD
Its annual revenues of 26 billion euros ($29 billion) alone outweigh the three Western heavyweights Bombardier, Siemens and Alstom, each of which brings in around nine billion a year.

Agrichemicals
The state-owned ChemChina became one of the world's seeds and pesticide producers when it acquired Swiss pesticide giant Syngenta for $43 billion in 2017, putting it in competition with Monsanto and DowDupont.

It was the biggest overseas acquisition by a Chinese firm yet, ahead of the $15.1 billion purchase of Canada's Nexen Energy by China's state oil firm CNOOC in 2013.

ChemChina also controls Italian tyremaker Pirelli and German machinery firm KraussMaffei.

Energy
The state-run China National Nuclear Corp (CNNC) launched its locally developed Hualong One nuclear reactor in 2015 to compete with French and US models, selling to Argentina and Pakistan.

Chinese solar panel manufacturers Jinko, Trina and Solar dominate the global market.

And Chinese oil companies — CNOOC, CNPC and Sinopec — are investing heavily even as their global rivals cut spending.

Aviation
China's state-owned plane-maker Comac expects to deliver its first home-made passenger jet to a customer in 2021, as it seeks to challenge the dominance of Boeing and Airbus.

The company says it has received a thousand orders for its 168-seater C919 plane.

Food
The state-owned food giant COFCO is playing an increasing role in world grain trading after purchasing the agricultural arm of Singaporean commodities trader Noble as well as Dutch Nidera.

China's WH Group became the world's largest pork producer in 2013, when it purchased major US pork and hot dog producer Smithfield Foods Inc.

Drones
Founded by a Chinese university student in 2006, DJI has become the world's top civilian drone maker with 70 per cent of the market, outpacing its French rival Parrot.

Smartphones
Chinese smartphone makers are taking a larger slice of the global market, with Huawei at 15 per cent, Xiaomi 8.7 per cent and Oppo 8.1 per cent.

Phone sales by Huawei and Oppo surged by 30 per cent last year, defying a downward trend that hit rivals Apple and Samsung.

Home appliances
China's Haier Group is the world's leading manufacturer of home appliances with around 10 per cent of the market, ahead of rivals Whirlpool and Electrolux.

Haier even purchased the appliances arm of US giant General Electric in 2016.

Batteries
Chinese firm CATL, which supplies batteries for car titans Volkswagen, Ford and Daimler, is battling with Japan's Panasonic for the world's lithium electric car battery top spot.

Its production capacity will increase fivefold by 2020 due to a mammoth new factory in China, and the firm has announced a huge factory in Germany to supply European customers.

Freight
The state-owned Cosco Group is the world's third-biggest shipping company with 50 container ports across the globe, including Greece's Piraeus and Spain's Bilbao.

Source: https://www.dawn.com/news/1462796/the-giant-chinese-companies-shaping-the-worlds-industries

 

[khansaheeb]

Thinking big has gone from USA to China, while the dwarfs moan and groan.

 

[Hassan Guy]

Haier even purchased the appliances arm of US giant General Electric in 2016.

If ya'll could purchase their jet engine arms as well, that would be nice.

 

[patero]

If ya'll could purchase their jet engine arms as well, that would be nice.

US congress would block any attempt by foreign owned interests to acquire US Jet engine technology. And that's under current legislation. Future legislation may even block the licensing or supply of US jet engines to certain countries.

 

[Beast]

If ya'll could purchase their jet engine arms as well, that would be nice.

AVIC is producing it's own jet engine and supplier of turbine fan blade to many western countries. It has invested a stake in ukraine motor sich for large turbofan tech and co production.

 

[cirr]

China Co-op(All China Federation of Supply and Marketing Cooperatives，ACFSMC) is one of the hidden giants.

If listed today, the company would likely command a market cap north of 1000 billion yuan.

 

[touela]

The giant Chinese companies shaping the world's industries

AFPUpdated February 09, 2019
Facebook Count14
Twitter Share
19

The merger by Alstom and Siemens was vetoed by the European Union on Thursday, but concerns about the overwhelming power of vast, often state-backed Chinese companies is not limited to the rail industry. — File

It was fear of being dominated by a Chinese behemoth that sparked an attempt by large French and German rail companies to join forces to create a European industrial champion.

The merger by Alstom and Siemens was vetoed by the European Union on Thursday, but concerns about the overwhelming power of vast, often state-backed Chinese companies is not limited to the rail industry.

Here are some of areas in which Chinese companies control a large piece of the global market:

Rail
China's state-backed CRRC is the world's largest train manufacturer, with locomotives and wagons ordered across the globe from Boston to Philadelphia, Cambodia to Colombia, and customers including the iconic London Underground and Germany's Deutsche Bahn.

ARTICLE CONTINUES AFTER AD
Its annual revenues of 26 billion euros ($29 billion) alone outweigh the three Western heavyweights Bombardier, Siemens and Alstom, each of which brings in around nine billion a year.

Agrichemicals
The state-owned ChemChina became one of the world's seeds and pesticide producers when it acquired Swiss pesticide giant Syngenta for $43 billion in 2017, putting it in competition with Monsanto and DowDupont.

It was the biggest overseas acquisition by a Chinese firm yet, ahead of the $15.1 billion purchase of Canada's Nexen Energy by China's state oil firm CNOOC in 2013.

ChemChina also controls Italian tyremaker Pirelli and German machinery firm KraussMaffei.

Energy
The state-run China National Nuclear Corp (CNNC) launched its locally developed Hualong One nuclear reactor in 2015 to compete with French and US models, selling to Argentina and Pakistan.

Chinese solar panel manufacturers Jinko, Trina and Solar dominate the global market.

And Chinese oil companies — CNOOC, CNPC and Sinopec — are investing heavily even as their global rivals cut spending.

Aviation
China's state-owned plane-maker Comac expects to deliver its first home-made passenger jet to a customer in 2021, as it seeks to challenge the dominance of Boeing and Airbus.

The company says it has received a thousand orders for its 168-seater C919 plane.

Food
The state-owned food giant COFCO is playing an increasing role in world grain trading after purchasing the agricultural arm of Singaporean commodities trader Noble as well as Dutch Nidera.

China's WH Group became the world's largest pork producer in 2013, when it purchased major US pork and hot dog producer Smithfield Foods Inc.

Drones
Founded by a Chinese university student in 2006, DJI has become the world's top civilian drone maker with 70 per cent of the market, outpacing its French rival Parrot.

Smartphones
Chinese smartphone makers are taking a larger slice of the global market, with Huawei at 15 per cent, Xiaomi 8.7 per cent and Oppo 8.1 per cent.

Phone sales by Huawei and Oppo surged by 30 per cent last year, defying a downward trend that hit rivals Apple and Samsung.

Home appliances
China's Haier Group is the world's leading manufacturer of home appliances with around 10 per cent of the market, ahead of rivals Whirlpool and Electrolux.

Haier even purchased the appliances arm of US giant General Electric in 2016.

Batteries
Chinese firm CATL, which supplies batteries for car titans Volkswagen, Ford and Daimler, is battling with Japan's Panasonic for the world's lithium electric car battery top spot.

Its production capacity will increase fivefold by 2020 due to a mammoth new factory in China, and the firm has announced a huge factory in Germany to supply European customers.

Freight
The state-owned Cosco Group is the world's third-biggest shipping company with 50 container ports across the globe, including Greece's Piraeus and Spain's Bilbao.

Source: https://www.dawn.com/news/1462796/the-giant-chinese-companies-shaping-the-worlds-industries

Makes me wonder how China can be successful in almost every field. Other countries have probably tried to copy them, but not successful.
What might be the best way for Pakistan to create its own giants?

 

[Daniel808]

CRRC is gigantic @AndrewJin

 

[fitpOsitive]

The giant Chinese companies shaping the world's industries

AFPUpdated February 09, 2019
Facebook Count14
Twitter Share
19

The merger by Alstom and Siemens was vetoed by the European Union on Thursday, but concerns about the overwhelming power of vast, often state-backed Chinese companies is not limited to the rail industry. — File

It was fear of being dominated by a Chinese behemoth that sparked an attempt by large French and German rail companies to join forces to create a European industrial champion.

The merger by Alstom and Siemens was vetoed by the European Union on Thursday, but concerns about the overwhelming power of vast, often state-backed Chinese companies is not limited to the rail industry.

Here are some of areas in which Chinese companies control a large piece of the global market:

Rail
China's state-backed CRRC is the world's largest train manufacturer, with locomotives and wagons ordered across the globe from Boston to Philadelphia, Cambodia to Colombia, and customers including the iconic London Underground and Germany's Deutsche Bahn.

ARTICLE CONTINUES AFTER AD
Its annual revenues of 26 billion euros ($29 billion) alone outweigh the three Western heavyweights Bombardier, Siemens and Alstom, each of which brings in around nine billion a year.

Agrichemicals
The state-owned ChemChina became one of the world's seeds and pesticide producers when it acquired Swiss pesticide giant Syngenta for $43 billion in 2017, putting it in competition with Monsanto and DowDupont.

It was the biggest overseas acquisition by a Chinese firm yet, ahead of the $15.1 billion purchase of Canada's Nexen Energy by China's state oil firm CNOOC in 2013.

ChemChina also controls Italian tyremaker Pirelli and German machinery firm KraussMaffei.

Energy
The state-run China National Nuclear Corp (CNNC) launched its locally developed Hualong One nuclear reactor in 2015 to compete with French and US models, selling to Argentina and Pakistan.

Chinese solar panel manufacturers Jinko, Trina and Solar dominate the global market.

And Chinese oil companies — CNOOC, CNPC and Sinopec — are investing heavily even as their global rivals cut spending.

Aviation
China's state-owned plane-maker Comac expects to deliver its first home-made passenger jet to a customer in 2021, as it seeks to challenge the dominance of Boeing and Airbus.

The company says it has received a thousand orders for its 168-seater C919 plane.

Food
The state-owned food giant COFCO is playing an increasing role in world grain trading after purchasing the agricultural arm of Singaporean commodities trader Noble as well as Dutch Nidera.

China's WH Group became the world's largest pork producer in 2013, when it purchased major US pork and hot dog producer Smithfield Foods Inc.

Drones
Founded by a Chinese university student in 2006, DJI has become the world's top civilian drone maker with 70 per cent of the market, outpacing its French rival Parrot.

Smartphones
Chinese smartphone makers are taking a larger slice of the global market, with Huawei at 15 per cent, Xiaomi 8.7 per cent and Oppo 8.1 per cent.

Phone sales by Huawei and Oppo surged by 30 per cent last year, defying a downward trend that hit rivals Apple and Samsung.

Home appliances
China's Haier Group is the world's leading manufacturer of home appliances with around 10 per cent of the market, ahead of rivals Whirlpool and Electrolux.

Haier even purchased the appliances arm of US giant General Electric in 2016.

Batteries
Chinese firm CATL, which supplies batteries for car titans Volkswagen, Ford and Daimler, is battling with Japan's Panasonic for the world's lithium electric car battery top spot.

Its production capacity will increase fivefold by 2020 due to a mammoth new factory in China, and the firm has announced a huge factory in Germany to supply European customers.

Freight
The state-owned Cosco Group is the world's third-biggest shipping company with 50 container ports across the globe, including Greece's Piraeus and Spain's Bilbao.

Source: https://www.dawn.com/news/1462796/the-giant-chinese-companies-shaping-the-worlds-industries

The people who thought they are the daddies, are now struggling under Chinese foot.

 

[TaiShang]

China is just catching up with the industrially-advanced Western countries.

In the meantime, Western intelligentsia has to decide if China is about to collapse, or about to grow big enough to gobble up all the West.

Their mind appears to be in a state of confusion at the moment.

 

[khansaheeb]

China is just catching up with the industrially-advanced Western countries.

In the meantime, Western intelligentsia has to decide if China is about to collapse, or about to grow big enough to gobble up all the West.

Their mind appears to be in a state of confusion at the moment.

Gobble the west? They are about to gobble the world with peace, trade and progress.

 

[fitpOsitive]

China is just catching up with the industrially-advanced Western countries.

In the meantime, Western intelligentsia has to decide if China is about to collapse, or about to grow big enough to gobble up all the West.

Their mind appears to be in a state of confusion at the moment.

China should set her own standards, just bring West on knees. Enough with oppression.

 

[beijingwalker]

The west won't give up without putting up a desperate fright, look at the recent massive China bashing propaganda campaign by the western media. Those daily fake news had become ridiculous.

 

[Three_Kingdoms]

The giant Chinese companies shaping the world's industries

AFPUpdated February 09, 2019
Facebook Count14
Twitter Share
19

The merger by Alstom and Siemens was vetoed by the European Union on Thursday, but concerns about the overwhelming power of vast, often state-backed Chinese companies is not limited to the rail industry. — File

It was fear of being dominated by a Chinese behemoth that sparked an attempt by large French and German rail companies to join forces to create a European industrial champion.

The merger by Alstom and Siemens was vetoed by the European Union on Thursday, but concerns about the overwhelming power of vast, often state-backed Chinese companies is not limited to the rail industry.

Here are some of areas in which Chinese companies control a large piece of the global market:

Rail
China's state-backed CRRC is the world's largest train manufacturer, with locomotives and wagons ordered across the globe from Boston to Philadelphia, Cambodia to Colombia, and customers including the iconic London Underground and Germany's Deutsche Bahn.

ARTICLE CONTINUES AFTER AD
Its annual revenues of 26 billion euros ($29 billion) alone outweigh the three Western heavyweights Bombardier, Siemens and Alstom, each of which brings in around nine billion a year.

Agrichemicals
The state-owned ChemChina became one of the world's seeds and pesticide producers when it acquired Swiss pesticide giant Syngenta for $43 billion in 2017, putting it in competition with Monsanto and DowDupont.

It was the biggest overseas acquisition by a Chinese firm yet, ahead of the $15.1 billion purchase of Canada's Nexen Energy by China's state oil firm CNOOC in 2013.

ChemChina also controls Italian tyremaker Pirelli and German machinery firm KraussMaffei.

Energy
The state-run China National Nuclear Corp (CNNC) launched its locally developed Hualong One nuclear reactor in 2015 to compete with French and US models, selling to Argentina and Pakistan.

Chinese solar panel manufacturers Jinko, Trina and Solar dominate the global market.

And Chinese oil companies — CNOOC, CNPC and Sinopec — are investing heavily even as their global rivals cut spending.

Aviation
China's state-owned plane-maker Comac expects to deliver its first home-made passenger jet to a customer in 2021, as it seeks to challenge the dominance of Boeing and Airbus.

The company says it has received a thousand orders for its 168-seater C919 plane.

Food
The state-owned food giant COFCO is playing an increasing role in world grain trading after purchasing the agricultural arm of Singaporean commodities trader Noble as well as Dutch Nidera.

China's WH Group became the world's largest pork producer in 2013, when it purchased major US pork and hot dog producer Smithfield Foods Inc.

Drones
Founded by a Chinese university student in 2006, DJI has become the world's top civilian drone maker with 70 per cent of the market, outpacing its French rival Parrot.

Smartphones
Chinese smartphone makers are taking a larger slice of the global market, with Huawei at 15 per cent, Xiaomi 8.7 per cent and Oppo 8.1 per cent.

Phone sales by Huawei and Oppo surged by 30 per cent last year, defying a downward trend that hit rivals Apple and Samsung.

Home appliances
China's Haier Group is the world's leading manufacturer of home appliances with around 10 per cent of the market, ahead of rivals Whirlpool and Electrolux.

Haier even purchased the appliances arm of US giant General Electric in 2016.

Batteries
Chinese firm CATL, which supplies batteries for car titans Volkswagen, Ford and Daimler, is battling with Japan's Panasonic for the world's lithium electric car battery top spot.

Its production capacity will increase fivefold by 2020 due to a mammoth new factory in China, and the firm has announced a huge factory in Germany to supply European customers.

Freight
The state-owned Cosco Group is the world's third-biggest shipping company with 50 container ports across the globe, including Greece's Piraeus and Spain's Bilbao.

Source: https://www.dawn.com/news/1462796/the-giant-chinese-companies-shaping-the-worlds-industries

Gree air-conditioners in the "Home Appliance" category.

 

[oprih]

Good, the world wants products and services with the highest qualities, that's why the Chinese giants dominates in almost every fields.