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China's appetite for pork spurs $4.7 billion Smithfield purchase

2013-05-30 08:32:04| Food - Topix.net

China's Shuanghui International plans to buy Smithfield Foods Inc. for $4.7 billion to feed a growing Chinese appetite for U.S. pork, but the proposed takeover of the world's No.

Tags: purchase billion pork appetite

 

VIDEO: Cracking China's e-commerce market

2013-05-30 05:00:48| BBC News | Business | UK Edition

A designer outfit firm is trying to expand its business into the huge Chinese e-commerce market, the second largest in the world.

Tags: video market ecommerce cracking

 
 

Analysis: Behind China's U.S. pork deal, fears over feed additives

2013-05-30 04:56:56| Livestock - Topix.net

When Smithfield Foods Inc. quietly weaned the first of its pigs off the controversial feed additive ractopamine last year, it may have helped open the door for a Chinese counterpart to acquire the world's largest hog producer.

Tags: feed analysis deal fears

 

China's Shuanghui International to buy Smithfield Foods for $7.1bn

2013-05-30 01:00:00| Food Processing Technology

Shuanghui International has entered into a definitive merger agreement to acquire US-based pork producer and processor Smithfield Foods in an all-cash deal valued at $7.1bn, including the assumption of net debt.

Tags: international buy foods smithfield

 

China's military to train on digital warfare

2013-05-29 16:10:32| CNET News.com

Amid rising concern in the U.S. over China's role in cyberattacks, the latter is expanding its focus on virtual combat. [Read more]    

Tags: digital military train warfare

 

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