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To: bert

From what I can garner Smithfield was acquired by the Shangui group for 5-7 billion dollars an over market price that might have been backed by the Chinese Government. Although I believe I heard that Tyson is also owned (this from the White House) I cannot independently verify it at this time.

https://www.pbs.org/newshour/show/whos-behind-chinese-takeover-worlds-biggest-pork-producer

That is not to say that Tyson does not have an incestuous relationship with the Chinese as the Chinese market has enticed them into opening meat processing plants over there.
Also rules have changed to allow some Chinese meat to enter the US processing. Again independent verification is hard to find as Tyson isn’t informative. And the question is the Chinese Subsidiary ‘tail’ wagging the Tyson’dog’? And with Hillary Clinton on their board...well you figure it out.

https://www.wattagnet.com/articles/4254-tyson-foods-growing-with-china

No I think I will stand by this post for now. I will look into it tonight when I have time.


187 posted on 04/27/2020 8:48:23 AM PDT by joegoeny ("Nuts!")
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To: joegoeny

I think for Tyson, China is a customer


240 posted on 04/27/2020 4:35:32 PM PDT by bert ( (KE. NP. N.C. +12) Progressives are existential American enemies)
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