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Caution Urged in Shuanghui's Smithfield Deal
2013-06-27 02:00:00| ThePigSite - Industry News
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.
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Category:Agriculture and Forestry