Buffett Seeks Large Investment Opportunities in China

Oct. 1 (Bloomberg) -- Bloomberg's Stephen Engle reports on Warren Buffett's trip to China and the billionaire's plans for investment in the nation. Buffett said at a briefing yesterday in the southern Chinese city of Changsha he expects “large” opportunities in China, making the world’s fastest growing major economy a “logical” place to invest. Buffett and Berkshire Vice Chairman Charles Munger visited the facilities of automaker BYD Co., part owned by Berkshire, and with Microsoft Corp. Chairman Bill Gates met with local business leaders to promote philanthropy. (Source: Bloomberg)