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To: tired&retired
Executives from WH Group, Smithfield’s parent company in China . . .

WH Group, eh? Does the WH stand for Wuhan?

2 posted on 04/17/2020 8:08:08 AM PDT by Vigilanteman (The politicized state destroys aspects of civil society, human kindness and private charity.)
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To: Vigilanteman
Vigilanteman :" Executives from WH Group, Smithfield’s parent company in China . . .
Vigilanteman :" WH Group, eh? Does the WH stand for Wuhan? "

The answer is iat the end of the AMAC article :
"The 2013 purchase of Smithfield Foods by WH Group was at the time the largest acquisition of a U.S. company by a Chinese firm.
The purchase made WH Group—known as Shuanghui International at the time—the world’s largest pork producer.
The takeover was approved by the Obama administration." (Emphasis mine)

"The owner of WH Group, Wan Long, holds a seat on the National People’s Congress, the legislature of the CCP.
Wan’s path to dominance in China’s pork market .. according to an account by the state-run news agency Xinhua, cited by The Wall Street Journal.
Li is now the second-ranking member of the Politburo Standing Committee of the CCP." (Emphasis mine)

My Comments : The Chinese nation had an outbreak of porkvirus last year that took over 1/3 of all newborn pigletts, nationwide (as admitted by the Chinese government).
This is a significant issue as pork products represent the second most popular protein source in Chinese food.
Also, due to the Chinese pork virus, prior to this coronavirus infection of factory workers in South Dakota,
Smithfield had announced that much of the pork product would be shipped to China,
thus causing a pork shortage in the US, and to expect rising pork prices.

18 posted on 04/17/2020 8:43:36 AM PDT by Tilted Irish Kilt
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