Do the Chinese own GE Appliances?
Smithfield Foods is owned by WH Group, a prominent multinational pork processing enterprise headquartered in Henan, China. WH Group—formerly known as Shuanghui International—acquired Smithfield Foods in a major multi-billion dollar international acquisition, marking one of the largest Chinese corporate takeovers of an American agricultural business in history. Following the acquisition, Smithfield continued to operate as an independent corporate entity managed largely by its existing executive team in the United States, maintaining its extensive domestic processing plants, farms, and famous consumer brand labels. While ultimate corporate ownership, financial dividends, and strategic global market alignments flow back to the parent conglomerate in China, the company remains deeply integrated into the American agricultural and food supply chain.
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