Is Smithfield Farms owned by China?
Critics raised concerns about national security
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...
Media overhyped coronavirus meat shortages: Pat LaFrieda
Read next: A.I., Politics and the China-Driven Anti-Data Centers Hysteria
View Comments
Fox News——Bio and Archives
Breaking News, Latest News and Current News from Fox News. Breaking news and video. Latest Current News: U.S.,
