3 July 2017 Johnathan Hettinger, Robert Holly, Jelter Meers, and Erin McKinstry, Midwest Center for Investigative Reporting Photo: Darrell Hoemann/Midwest Center for Investigative Reporting In 2013, the Chinese firm Shuanghui received wide public attention when it purchased U.S. pork producer Smithfield Foods for a record $4.7 billion. In an overlooked part of the deal, Shuanghui also acquired more than 146,000 acres of farmland across the United States, worth more than $500 million, according to U.S. Department of Agriculture data. The deal made Shuanghui, now the WH Group Limited, into one of the biggest foreign owners of U.S. agricultural land,...Read More
Tag: foreign investors
Thank You for Sharing ADN
With your help, we are reaching millions with messages of truth. We Thank You for making ADN a success and look forward to continuing.