Is Smithfield Farms owned by China?
Critics raised concerns about national security
By Fox News —— Bio and Archives--May 9, 2020
American Politics, News | Comments | Back To Full Article
Smithfield Foods was founded in Virginia in 1936, and its pork products are ubiquitous in U.S. supermarkets, but the company was actually bought by WH Group, formerly known as Shuanghui International, for $4.7 billion in 2013.
Smithfield became a subsidiary of the publicly traded Chinese corporation after the Committee on Foreign Investment in the United States (CFIUS) said the acquisition would not endanger national security.-- More...
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