Smithfield Foods China-China Tookover the World’s Biggest Pork Producer 

Smithfield Foods China-China Tookover the World’s Biggest Pork Producer 
April 30 13:31 2018 Print This Article

A Chinese group has recently taken over an US based business, Smithfield Foods China in a deal which is regarded as one of the most expensive one. This event triggered US lawmakers to ponder over the reasons of enhanced Chinese interests in US products and firms. Many US attorneys are of the opinion that Beijing is behind the takeover but they do not have any substantial evidence to prove their point. They insist on carrying researches to see the reasons why China invested on Smithfield Foods China. Many are of the opinion that China has a rich middle class who are interested to try out new food including pork and Chinese businesses, understanding this has invested on US pork manufacturing firms.

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The US Suspicious about China when it comes to Business Deals

Many in the US are suspicious of the Communist country. They feel that China and the US are different from each other in more than one ways. Many US senators do not trust China and see every Beijing’s move with suspicion. US businesses who are planning toenter into a deal with a Chinese company now feel that if Chinese government interferes into Sino-US deals then the US companies may not get the actual compensation on product, service sales or takeovers.

Smithfield Foods China- Largest Pork Producer in the US

Smithfield Foods China is one of the biggest producers of pork in the USA. The company exports pork to about 40 countries across the world. The business sells different types of pork to its customers. It has state of the art infrastructure to butcher 10000 pigs on a daily basis. The employees at Smithfield are accustomed with the process of pork processing and preparation. Many, who believe that it is Chinese Government that is behind the purchase of Smithfield Foods China, feel that the communist country is on a cold war with the US.Trade restrictions imposed by US and China on each other justifies the fact. They feel that if this persists then their businesses may get adversely affected.

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