It's kind of strange to compare companies strictly based on their valuation. Saudi Aramco valuation today is higher than that of Apple but these are very different companies and I wouldn't claim that one is better than the other.
We often compare USA with China, but when it comes to european countries, it has to be EU?
This is an honest question, I couldn't care less about either region or gain anything financially or care about emotional internet points. I am not rooting for anyone, though I think predominantly western centric super powers is a bad idea.
But why this line of thinking and comparison, isn't it apple to oranges? Its a genuine question, despite being downvoted for whatever reason.
China's large size and huge population not necessarily an automatic recipe for success. As a matter of fact, other than USA, almost of all large countries with huge population are generally economic and quality of life failures.
On the top of my minds I can think of, Russia, India, Brazil, Pakistan, Mexico all doing pretty shitty job, relatively speaking.
It wouldn’t make sense to compare individual European nations to China.
I think the EU has a smaller GDP than the US.