Foreign Purchases of U.S. Food Companies
July 10, 2013
Usha C. V. Haley, PhD
Professor, Management/Director, Robbins Center for Global Business & Strategy
College of Business & Economics, West Virginia University, Morgantown, WV
"In mid-July, Dr. Haley testified on Chinese company Shuanghui’s acquisition of Virginia-based Smithfield Foods before the US Senate in Washington DC. The hearing was widely considered the most important and high-profile on Foreign Direct Investment in at least a decade (see law firm Wiley Rein analysis on hearings here).
The other witnesses were Larry Pope (CEO of Smithfield), Matt Slaughter (Associate Dean/ Center Director at the Tuck School, Dartmouth) and Dan Slane
( Commissioner, US-China Economic and Security Review Commission). The Hearing is available in its entirety on the Senate site and oral arguments on C-Span as is shown to the left of this text.
This historic hearing, which contributes to the debate of what we consider national security, was covered in over 300 national and international media outlets including the New York Times, Chicago Tribune, on various NPR shows including All Things Considered, Los Angeles Times, South China Morning Post".
Click here for Dr. Haley's written testimony.