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Economic Report - China Increases Food Imports


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Chinese meat processing company Shuanghui International is proposing to buy the ham and pork producer Smithfield Foods. It would be the biggest of an American company by a Chinese buyer. Ham and pork the meat of pigs. Virginia ham is famous around the world. town of Smithfield, Virginia, where the company started, calls itself the capital of the world. Larry Santure is the sales manager for FoodsHe says the explorer Marco Polo brought a basis for curing to Italy from China. He says this kind of cured ham out to be the prosciutto that we know today. Later, settlers the formula for making prosciutto with them to the United States. says the main reason Smithfield became the center of ham processing because local Native Americans had methods for producing salt from nearby water. Virginia Wade manages a store that specializes in ham made Smithfield. She says the ham is aged at least six months salt. She says the uncooked hams are similar to ham in . Before Smithfield Foods can be sold to the Chinese company, the must be approved by the American government and by Smithfield Foods . There have been concerns in the past about some Chinese companies business in the United States. But Gary Hufbauer expects the Committee Foreign Investment in the United States to approve this purchase. He with the Peterson Institute for International Economics in Washington. Mr. Hufbauer the Chinese company is buying the world's good opinion of Smithfield , including the quality and safety of its products. For VOA Learning , I'm Carolyn Presutti.

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