WASHINGTON — Congressional lawmakers grilled the top executive at pork giant Smithfield Foods Wednesday about how the proposed $4.7 billion purchase of the company by China’s largest meat producer might affect the U.S. food supply and agricultural producers.
CEO Larry Pope told a packed Senate hearing his company remains committed to producing safe and plentiful food if the deal is approved. He underscored the benefits he said would come from the takeover by Shuanghui International Holdings, including jobs and higher pork exports.
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Christopher Doering, Gannett Washington Bureau via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/BIP67mzs8yY/
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