Tonight, PBS had a coverage of last year's $4.7B purchase of pork producer Smithfield with price premium as high as 35% from China's 雙滙集團. It may be a good deal for Smithfield stock holders, but this purchase is criticized as a deal of "pork to China, resources consumption left behind in the U.S." (600 gallons of water is consumed for a pound of port and huge piles of stinking manures). It seems like the only upside for U.S. is "probably Smithfield will not use ractopamine (瘦肉精) since ractopamine is not allowed in pork in China". U.S. starts to become a form of colonization by China through purchase rather than conquest.
http://www.nytimes.com/2013/11/06/opinion/bittman-on-becoming-chinas-farm-team.html?pagewanted=all
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