Chinese company Shuanghui International Holdings Limited will acquire Smithfield Foods, the world's largest pork producer.Remember, China is the world's largest pork consumer so this deal makes a lot of strategic sense.
Moreover, the recent decline in Chinese pork prices is seeing the industry consolidate and smaller farmers
We pulled together these images to put together a tour of China's pork industry.
-China is the world's largest pork consumer and is expected to have consumed 52 million tons in 2012.-
-Half of the world's pigs, about 476 million are said to reside in China.-
-China become a net importer of pork in 2008. -
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Reported by Business Insider 1 hour ago.