Feud at Smithfield Foods’ Parent Company Shows Messy Underside of Chinese Takeover

  • 📰 WSJ
  • ⏱ Reading Time:
  • 3 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 5%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

Turmoil at Smithfield Foods’ parent company marks an unexpected twist amid a string of attempts by Chinese companies to buy up Western producers of resources needed to feed the country

Son offers details about his estrangement with his father over WH Group’s strategy, including whether American pork products can fit in with Chinese tastes Smithfield has grown steadily since being acquired, WH Group says.

A Smithfield pork-processing facility in Milan, Missouri.
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The Chinese are taking advantage of our greed

At some point selling out everything becomes a national security risk.

ChinaVirus

horrible

I don't like the idea of foreign entities buying our food companies.

New flavor profiles for traditional cuisine.

I canceled my subscription to the Wall Street Journal

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in US

United States United States Latest News, United States United States Headlines