44 companies from Greater China make FT's top-500 list

PetroChina was the third-ranked corporation in the world on the Financial Times' list.
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Twenty-two Chinese firms, as well as 17 from Hong Kong and five from Taiwan, were listed among world's top 500 corporations on a survey conducted by the Financial Times.

The companies from China included PetroChina, Industrial and Commercial Bank of China, China Mobile and China Shenhua Energy Company. The survey listed PetroChina as considered the world's third-largest corporation, while Industrial and Commercial Bank of China ranked sixth.

Other Chinese firms in the top 100 were China Construction Bank, Agricultural Bank of China, Bank of China, China Petroleum and Chemical Corporation, and China Shenhua Energy Company.

The five Taiwanese firms listed among the top 500 were: Taiwan Semiconductor Manufacturing Company, Hon Hai Precision Industry, Formosa Petrochemical, Chunghwa Telecom Company and Formosa Plastics. Hon Hai ranked second in the world in terms of employees — with 961,000 — trailing only Walmart.

The United States accounted for 173 firms on the list. Other major countries were Japan, with 38, and Britain, with 36.

The banking and oil industries remained the most lucrative, according to the survey.