Smithfield Embodies China’s Record Hunger for Farms

Smithfield Embodies China’s Record Hunger for Farms

Daniel Acker/Bloomberg

Shuanghui’s bid for Smithfield, which owns 460 farms and has contracts with 2,100 others across 12 U.S. states, would be the largest Chinese acquisition of a U.S. company and follows a string of global food and agricultural-related purchases.