Chinese Buyouts and American Pork
The American pork company Smithfield is in talks to be bought out by Chinese corporation Shuanghui International. Shuanghui’s purchase would open the Chinese market to American pork, likely leading to increased domestic production for export. This news has raised concerns about food safety, pollution, American farmers, animal welfare, international corporations, and the American and Chinese economies. These are all legitimate worries since they are all facets of the same broken food system and the merger between America’s largest pork producer and a huge Chinese meat company shines a light on just how broken it is.