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CNBC says Smithfield has a Chinese buyout offer
Ema Nymton wrote: > > China is not exporting U.S. pork to China Yes, actually they are. This has been going on for some time and US pork has been prized in China for it's higher quality than the local stuff. |
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CNBC says Smithfield has a Chinese buyout offer
On 5/30/2013 7:46 PM, Pete C. wrote:
> > Ema Nymton wrote: >> >> China is not exporting U.S. pork to China > > Yes, actually they are. This has been going on for some time and US pork > has been prized in China for it's higher quality than the local stuff. Compared to China, products, good and services are expensive in America. We have a global pork trade of about 7 million tons, and China imports 400,00 tons of pork from other countries, not just the USA, so I do not think we will have a pork shortage. Becca |
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