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Wake Up and Haul the Bacon
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<p><span style="font-family:verdana,geneva;font-size:small;">Regarding this quote from the link:</span></p> <p><span style="color:#3366ff;font-family:verdana,geneva;font-size:medium;">“Smithfield said the deal isn't about importing Chinese pork into the U.S. Instead, the company says it's a chance to export into new markets with its brands, such as Smithfield, Armour and Farmland.”</span></p> <p><span style="font-family:verdana,geneva;font-size:small;">I do understand that the deal isn’t about importing Chinese pork into the U.S. But why does the deal create a chance to export into new markets that is greater than the chance that currently exists? Will the purchase of Smithfield by China cause the price of Smithfield’s product to drop, thereby opening new markets due to the lowered price?</span></p>
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