Shuanghui

Smithfield and Shuanghui create a Chinese puzzle

The announcement of the takeover bid for Smithfield Foods by the Chinese company Shuanghui caught some observers by surprise. But the tendency for cash-rich Chinese companies and investors to purchase productive assets, brands and know-how in the west should have been expected to spread to the food and drink sector: especially when the Chinese food sector is growing at double digit rates along with the demand for “safe, quality” food products. In the June issue of Whole Hog we devote two pages to considering Continue reading