Caution Urged in Shuanghui's Smithfield Deal

CHINA & US - While China's Shuanghui International Holdings Limited is getting $7.9 billion in financing from Bank of China and Morgan Stanley for its acquisition of the world's largest pork processor - US-based Smithfield Foods - there are growing concerns about differing food safety standards between the US and China, especially over the use of ractopamine.
calendar icon 27 June 2013
clock icon 2 minute read
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