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Byline: Mac Margolis and Rana Foroohar; With Joseph Contreras in Monterrey and Quindlen Krovatin in Beijing
Street-tough multinationals from poor nations are growing far faster than Western rivals, signaling a major shift in wealth and power.
Not so long ago, big companies from poor nations were generally dismissed as second-rate, run by fat family dynasties or profligate autocrats. Then from the shadows came Samsung, born when South Korea was still considered a poor nation, and now more famous than Sony of Japan -- and, since last year, when market cap surged to $103 billion, richer too. In 2004, a Chinese company called Lenovo surprised the world by ...
Source: HighBeam Research, The Sexiest Companies You've Never Heard Of.(Business)