What’s the Senate’s Beef with China’s Play for American Pork?

A ChinaFile Conversation

Last week the U.S. Senate held hearings to question the CEO of meat-producer Smithfield Farms, about the proposed $4.7 billion sale of the Virginia-based company to Shuanghui International, China’s largest pork producer. The sale is under review by the Committee on Foreign Investment in the United States or CFIUS, an interagency panel headed by the U.S. Treasury that reviews foreign investments for national security threats.