HONG KONG -- The trade war is taking a bite out of China's WH Group, the world's No. 1 pork producer has revealed. The company, which acquired U.S. counterpart Smithfield Foods in 2013, blamed the friction between Washington and Beijing for a disappointing performance last year, particularly at its American operations.
Trade war hits top Chinese pork processor WH Group
Chairman hints at consolidation as profit at US operation dips 33%