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Business 30 May 2013 | 3:26 PM

China's Shuanghui to buy world's biggest pork producer for US$5bil

HONG KONG/NEW YORK: China's Shuanghui International plans to buySmithfield Foods Inc for $4.7 billion to feed a growing Chinese appetite for U.S. pork, but the proposed takeover of the world's No. 1 producer has stirred concern in the United States.