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COFCO is ranked by the Fortune Magazine as one of the world's 500 biggest companies. It also runs the largest food business in China.
中粮集团持续名列美国《财富》杂志全球企业500强，居中国食品工业百强之首。
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Last year COFCO, China's state-controlled food conglomerate, bought 5% of Smithfield, the world's largest pork producer.
ECONOMIST: No matter how bad things get, people still need to eat
First, COFCO is in the wine business and has national distribution in China with its Great Wall brand.
FORBES: China Enters the Vineyard
Second, Chinese like to own hard, tangible assets such as agricultural land, and COFCO probably got a good deal.
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