Who’s behind the Chinese takeover of world’s biggest pork producer? | PBS NewsHour
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Who’s behind the Chinese takeover of world’s biggest pork producer?
September 12, 2014 at 6:31 PM EDT
Smithfield Foods, the world’s largest pork producer, was acquired by a Chinese firm in 2013 for nearly $5 billion — more than the company’s market value. The surprising purchase caused some lawmakers to wonder if there might be a hidden player. As part of the series Food for 9 Billion, Nathan Halverson of the Center for Investigative Reporting examines how the Chinese government is involved. MORE