A recent article in the Chicago Tribune had us scratching our heads. According to Reuters, “Smithfield Foods Inc shareholders on Tuesday approved the pork giant’s $4.7 billion sale to Shuanghui International Holdings Ltd in what is shaping up as the biggest acquisition of a U.S. company by a Chinese firm.”
This raises concern because China is known for having an abundance of food safety failures, yet earlier this month the roadblocks were cleared and the deal went through.
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MTS VIEW:
How can the US Gov’t risk the safety and cost of our food to the Chinese?
Tell us what you think!
