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RELIGION, CURRENT EVENTS, TECHNOLOGY Subscribe to the breaking newsWhat is RSS?
FRONT PAGE  |  8/1/2014
THURSDAY, MAY 30, 2013  |  4 comments
Smithfield Foods to be bought by Chinese firm Shuanghui International
Smithfield Foods, whose signature hams helped make it the world’s largest pork producer, is being bought by a Chinese firm in a deal that marks China’s most significant takeover of an American consumer brand.

The $7.1 billion takeover by Shuanghui International touches several sensitive fronts at once — the quick rise of Chinese investment in the U.S., the acquisition of Smithfield’s animal genetic and other technology by a country considered America’s chief global competitor, and the wisdom of giving a major Chinese food company a foothold in the U.S. ...


CLICK HERE to Read Entire Article
www.washingtonpost.com

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· Page 1 ·  Found: 4 user comment(s)
News Item5/30/13 9:20 AM
jpw  Find all comments by jpw
is anyone starting to understand how important the land is? keep on trusting the system and give a nation no way out... recipe for sickness!
4

News Item5/30/13 8:03 AM
Christopher000 | Rhode Island  Find all comments by Christopher000
7.1 billion reasons...
3

News Item5/30/13 7:24 AM
under their spell  Find all comments by under their spell
Control oil and you control nations;
control food and you control the people.
HENRY KISSINGER
2

News Item5/30/13 5:41 AM
John Yurich USA | USA  Find all comments by John Yurich USA
Why would Smithfield Foods be stupid enough to sell out to the Chinese?
1
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