Off the Chopping Block, Onward for Shuanghui
(Luohe) – Shuanghui means "two converging rivers" in Chinese, and it's an appropriate name for China's largest meat processing company now that it's making waves with a first-ever asset restructuring and management buyout project.
The company has struggled with a split personality since 1998, when it was divided into the parent Shuanghui Group and an A-share listed platform Shuanghui Development. The dual entities have actually competed against each other in the meatpacking business.
- Banks Face Obstacles to Using Biometric Data for ID Purposes
- The Week in Photos: May 16-22
- Graphics: Migrant March Slows
- Will the capital's ban on smoking indoors that comes into effect on June 1 be effective?
- Views: Worth the Ride?
- The American Debate over Legal Accountability of Chinese Companies
- This is How it Really Sounds
- England's Yellow Peril
- A Search for Common Ground
- Vietnamese Brides
- Sign up to receive our free daily newsletter
- Solar Panel Maker Suffering HK Share Sell-Off 'Failed to Repay Loans'
- Phone Maker Transsion Catches the African Beat
- The Big VIE Question
- Rain on CCTV's Moscow Parade Coverage
- China Unleashes Bonds to Tackle Local Debt
- Gov't Announces Plan to Upgrade Factories over Next Decade
- Tencent Expands Net Bank Experiment to 50,000 Social Media Users
- Public Hospitals to Be Opened to Investors, State Council Says
- Shanghai Transport Officials Move to Regulate Popular Taxi App
- Time for Reform Advocates to Step to the Fore