Smithfield deal says much about China's needs
date:Jun 04, 2013
company will convert a production plant to be ractopamine-free.

Acquiring Smithfield also would provide China with technology and expertise in food security - deemed essential in its latest Five Year Plan (2011-15) after food safety scares ranging from tainted milk to dead pigs floating in Shanghai's Huangpu river. China's leaders recognize that easing public anxiety over food safety is important to prevent social unrest.

Dealing with Chinese companies has potential benefits for the US

With U
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