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Chinese pork giant returns to U.S. trough with second big purchase

Leading Chinese pork producer WH Group announced it will buy top California pork processor Clougherty Packing LLC for $145 million, but observers said on Wednesday the deal could face political and protectionist obstacles." Previously known as Shuanghui, WH Group bought Smithfield Foods in 2013 for $4.7 billion.
11 months ago
Sky Canaves
By Sky Canaves
Sky Canaves previously reported for The Wall Street Journal in Beijing and Hong Kong, where she covered media, culture, social issues, and legal affairs, and served as the founding editor and lead writer of the WSJ’s China Real Time site. Prior to becoming a journalist, Sky worked in the China corporate law practice of Baker & McKenzie, and she has also taught journalism and media law at the University of Hong Kong. She speaks Mandarin and has accumulated more than a decade's experience living, studying and working in China.
China in 2 minutes a day
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