According to Bloomberg, China has more companies than the United States in the list of the top 10 largest companies in the word. This morning, China Life (LFC) passed AT&T (T) in market value.

The five Chinese companies in the top 10 are China Life, PetroChina, China Mobile, Industrial and Commercial Bank of China and China Petroleum and Chemical.

Thanks to China, my Global Growth service has been especially strong lately. Last week, our Global Growth stocks rose another 5.98%, on average. In comparison, the S&P 500 rose 2.31% last week. Our top three stocks had a slow week, up 2.46%, but our 11 China stocks rose an average 7.38%, and we added two new China stocks this week. Last week, 14 of our 36 stocks gained 9% or more.

In the last 10 week, my Global Growth Buy List is up 49.87% compared with 6.31% for the S&P 500. My top three stocks are up 126.81%.