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New July 2013

China’s entrepreneurs expand global presence

<!– google_ad_section_start –> BEIJING (AP) — The force behind China’s biggest takeover of an American company is a 71-year-old meat-packing entrepreneur dubbed “China’s Chief Butcher” by the press who built an empire on his country’s voracious appetite for pork. The $4.7 billion bid for Smithfield Foods by Wan Long, chairman of Shuanghui International, is another big step up for Chinese entrepreneurs who are emerging from the shadow of state-owned corporate giants and expanding on the global stage. <!– google_ad_section_end –>

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China’s entrepreneurs expand global presence

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