China now owns the largest pork processing company in the world.

Happyflowerlady

Happyflowerlady

Vagabond Flowerchild
Location
Northern Alabama
We have been hearing more and more about Chinese businesses (basically run by the Chinese government) that are buying property and businesses here in the United States . They also own companies in Australia, and are moving into other areas all the time.
Recently, they bought out Smithfield, which is the largest pork processing company in the whole world. This means that China now owns over 400 large ranches in the US where the pigs are raised.
China is also buying a lot of real estate, expensive houses, especially in Southern California; and at the other end of the spectrum, they are also buying up a lot of cheap property in Detroit. They also have a large interest in General Motors
The list goes on and on. It is worrisome to me to think that so much of our homeland is now owned by foreign corporations, and that the possibility exists that manufacturing will become more like what they have in China, here in America.
What does everyone else think about this ??

http://endoftheamericandream.com/ar...hunks-of-land-in-communities-all-over-america
 

The united states will end up being a chinese satellite like Hong Kong, start learning how to use chop sticks, resistance is futile.
 

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If I am not mistaken China at one time was one of the greatest if not the greatest economic power in the world. It seems the USofA has pretty much followed the same path that led to it's downfall.
 
OK, I guess we don't own land in other countries. Beside Mexico, do we own any large manufacturing companies in other countries? What would it take to bring that business back to the USA? Or is that a missed opportunity?
 
the usa (individuals and companies) has massive overseas investment all around the world including china. They are one of the biggest investors in australian real estate.
 
Now that beef has skyrocketed to the highest price in many years, other meat sources are becoming more costly as well, and at this time, pork is trading much higher than it was before, and both pork and chicken will probably continue to climb higher.
Since Smithfield Farms was purchased by the Chinese last year, the price for stock has continued to climb , and now I am reading that they are selling of some of the stock at a great profit.
They are getting even richer and they haven't even started yet ! !

http://www.marketwatch.com/story/buyer-of-smithfield-foods-sets-hong-kong-ipo-range-2014-04-09
 
Glad I'm cutting way back on the amount of meat I consume.

China was indeed one of the most economically powerful nations in the world, several times in fact. Their dynasties were the most advanced at the time, not only in terms of trade but in medicine, science, military capability and many other areas.

They were the "light of the world" until Communism took over.

But hey, I speak a little Mandarin and a little Cantonese and I know T'ai-Chi, so I'm not too concerned. I'm just wondering how they'll pronounce "Pennsylvania" after they buy it. :cool:
 
Davey Jones said:
http://www.youtube.com/watch?v=DMQg7MqSxuM
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LOL - yeah, he says it's easy ... wait until he tells us that each tonal gives a word a very different meaning.

I'll never live down the time I asked a long-time resident of Chinatown how his mother was. Unfortunately I gave it the wrong tonal inflection and I ended up asking him how his umbrella was. :rolleyes:

It was a bright, sunny day, to boot. :(
 
Ina said:
OK, I guess we don't own land in other countries. Beside Mexico, do we own any large manufacturing companies in other countries? What would it take to bring that business back to the USA? Or is that a missed opportunity?
Click to expand...

Have a look at how many American companies are situated in the 30 mile Border zone between America & Mexico, & employ Mexican workers!!!!
 
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