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China Daily | Updated: 2010-06-01 07:48

PetroChina needs introspection

A Chinese company, PetroChina, has topped the list of Financial Times' (FT) 500 most valuable listed companies. But this crown is encrusted with some sordid diamonds, says an article on qq.com. Excerpts:

PetroChina and the other 20 Chinese companies on the list of 500 most valued firms are State-owned enterprises, that is, they belong to all Chinese people. The owners' economic status, however, has been lagging far behind their companies.

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