China’s Shuanghui International is offering US$4.7 billion for Smithfield Foods. Photo: Reuters

Smithfield profit plunges after China blocks imports

Ban on additive used by Smithfield Foods hit China sales, and the strong yen hurt exports to Japan

Topic |   Shuanghui International

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China’s Shuanghui International is offering US$4.7 billion for Smithfield Foods. Photo: Reuters
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