China and Denmark Sign Five Agreements Relating to Food and Agriculture (Video)

Queen of Denmark Margrethe II has continued her state visit to China. The Queen has arrived in east China’s Nanjing city, and visited the Memorial Hall of the Victims in Nanjing Massacre by Japanese Invaders. During her stay in Beijing, China and Denmark have sealed five agreements in terms of food and agriculture…Full Article: China

Taiwan Reaffirms Position to Ban U.S. Imports of Ractopamine-Pork amid TIFA Negotiations

Taiwan will insist on barring imports of US pork containing the leanness-enhancing drug ractopamine, the Council of Agriculture said Tuesday. The council said that US pork currently accounts for between 18%-20% of the country’s exports, with the US Department of Agriculture issuing certificates that particular batches do not contain ractopamine residue. The official made the

Shuanghui, New Owner of Smithfield Foods, Plans an IPO in Hong Kong

Shuanghui International Holdings, the mainland firm that bought the world’s biggest pork supplier this year, plans to seek as much as HK$46 billion [US$5.93 billion] in an initial public offering in Hong Kong. BOC International Holdings, CITIC Securities, Goldman Sachs Group, Morgan Stanley, Standard Chartered (2888) and UBS are working on the share sale…Full-text article:

China’s Shuanghui on the Brink of Acquiring the World’s Largest Pork Producer and Processer

The United States and China must continue to build mutual trust and respect to keep deals like Shuanghui International’s proposed purchase of US pork giant Smithfield Foods Inc flowing, analysts said. The historic, $4.7 billion acquisition appears certain to win the backing of Smithfield shareholders Tuesday after Starboard Value LP, a dissident 5.7 percent stakeholder,

China’s Biggest Pork Processor Intends to Spend $805 million on Expansion Projects in 2013

Henan Shuanghui Investment & Development Co, China’s biggest pork processor, plans to boost output more than 50% this year as consumers look beyond a safety scare linked to small farmers and demand for meat surges as incomes rise…Full-text article: China Daily Mar 2013 Key point According to the president of Henan Shuanghui Investment & Development