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China Daily (Hong Kong) - - PAGE TWO -

US re­tailer Wal­mart has topped the For­tune Global 500 rank­ing for the fourth con­sec­u­tive year, af­ter rak­ing in $486 bil­lion in rev­enues last year. The State Grid Cor­po­ra­tion of China came in sec­ond with $315 bil­lion, fol­lowed by oil ma­jors Sinopec Group and China Na­tional Petroleum Corp. War­ren Buf­fett’s in­sur­ance and in­vest­ment group Berk­shire Hath­away made it to the top 10 for the first time.

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