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Tag: chinese

Some Thoughts On The Chinese Purchase of Smithfield Foods

2013-05-30 16:23:00| Beef

Len Steiner and Steve Meyer, CME Group While Smithfield Foods is a behemoth both as a packer and hog producer, it is a drop in the bucket compared to hog numbers, pork production and pork consumption in China. The purchase doesnt change the structure of the U.S. industry at all and thus should have no impact on the competitive landscape. read more

Tags: purchase chinese thoughts foods

Wärtsilä Yuchai Engine begins construction on Chinese plant

2013-05-30 01:00:00| Ship Technology

Wärtsilä Yuchai Engine Company, a 50-50 joint venture (JV) between Wärtsilä and Yuchai Marine Power (YCMP), has started construction of its new production facilities in Zhuhai, Guangdong, China.

Tags: construction engine chinese plant

Iowa Senator Raises Competitiveness Concerns Over Smithfield Buyout by Chinese Firm

2013-05-29 23:52:00| National Hog Farmer

Source: Office of Sen. Charles Grassley   Sen. Charles Grassley (R-IA), who has led efforts in Congress to keep agricultural markets competitive for market participants and consumers, has released a statement regarding the announcement that Smithfield Foods would be purchased by Shuanghui International. The deal needs to be reviewed by the Department of Justice and the U.S. Committee on Foreign Investment (CFIUS). read more

Tags: firm chinese concerns iowa

Chinese Hackers May Have Pinched US Military Designs

2013-05-29 22:05:24| TechNewsWorld

Chinese hackers were accused of stealing the designs for more than two dozen U.S. military weapons systems in a press account appearing Monday. The system designs reportedly pinched by the hackers were for systems critical to the country's missile defenses and its combat aircraft and war ships. The revelations were based on confidential sections of a government report.

Tags: chinese military designs hackers

Smithfield Foods Sells To Chinese Hog Company

2013-05-29 20:53:00| Beef

U.S. hog and pork company Smithfield Foods has sold to a Chinese hog processor. The implications for the U.S. cattle industry are largely positive. read more

Tags: company chinese foods sells

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