The USA and China dominate the global economy, but the value difference between their largest companies is impressive. The combined market value of the top 10 American companies reaches $20.4 trillion, while the Chinese ones total only $2.6 trillion. In other words, the top 10 from the USA are worth almost 8 times more.
The Disparity Has an Explanation
The reason? Completely different sectors. The US dominates in technology and innovation: Apple ($3.21 T), Nvidia ($2.91 T) and Microsoft ($2.88 T) lead because they control artificial intelligence, chips, and cloud computing. These industries generate exponential profits.
China, on the other hand, focuses on banks, e-commerce, and consumer goods. Tencent ($634.8 B), despite being the largest Chinese company, is worth less than Eli Lilly (, an American pharmaceutical company, $740.77 B). This shows how the market values tech innovation above all.
The Detailed Overview
Ranking
USA
Value
China
Value
1
Apple
$3.21 T
Tencent
$634.8 B
2
Nvidia
$2.91 T
Alibaba
$350.5 B
3
Microsoft
$2.88 T
ICBC
$319.1 B
4
Amazon
$2.07 T
Kweichow Moutai
$282.2 B
5
Alphabet
$2.01 T
Agr. Bank of China
$246.0 B
6
Meta
$1.53 T
China Mobile
$238.8 B
7
Berkshire Hathaway
$1.12 T
China Construction
$222.7 B
8
Broadcom
$914 B
Bank of China
$206.3 B
9
Tesla
$765 B
PetroChina
$196.1 B
10
Eli Lilly
$740 B
Xiaomi
$180.2 B
What Does This Mean?
This disparity reflects the competitive advantage of the US in high value-added sectors. Nvidia alone ($2.91 trillion) is worth almost 5 times more than Tencent, the most valuable company in China. It is a reflection of the race for AI and semiconductors.
For China, the challenge is clear: they need to migrate from traditional industries (banks, e-commerce, oil) to cutting-edge technology. Xiaomi is trying, but it is still a drop in the ocean.
The conclusion? The global market is rewarding those who control the chips, artificial intelligence, and data. And for now, this advantage is clearly American.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The Disparity Between the Largest Companies in the US and China is Increasing
The USA and China dominate the global economy, but the value difference between their largest companies is impressive. The combined market value of the top 10 American companies reaches $20.4 trillion, while the Chinese ones total only $2.6 trillion. In other words, the top 10 from the USA are worth almost 8 times more.
The Disparity Has an Explanation
The reason? Completely different sectors. The US dominates in technology and innovation: Apple ($3.21 T), Nvidia ($2.91 T) and Microsoft ($2.88 T) lead because they control artificial intelligence, chips, and cloud computing. These industries generate exponential profits.
China, on the other hand, focuses on banks, e-commerce, and consumer goods. Tencent ($634.8 B), despite being the largest Chinese company, is worth less than Eli Lilly (, an American pharmaceutical company, $740.77 B). This shows how the market values tech innovation above all.
The Detailed Overview
What Does This Mean?
This disparity reflects the competitive advantage of the US in high value-added sectors. Nvidia alone ($2.91 trillion) is worth almost 5 times more than Tencent, the most valuable company in China. It is a reflection of the race for AI and semiconductors.
For China, the challenge is clear: they need to migrate from traditional industries (banks, e-commerce, oil) to cutting-edge technology. Xiaomi is trying, but it is still a drop in the ocean.
The conclusion? The global market is rewarding those who control the chips, artificial intelligence, and data. And for now, this advantage is clearly American.