Soros: The Chinese Model Of Suppressing Individuals Could Become The Envy Of The World
Why China's Plan To Slow Its Growth Is Incredibly Bullish For The Rest Of The World
New Wikileak Exposes Design Theft And Safety Violations At Buffett's Chinese Car Investment
Wikileaks just released documents exposing shady practices at Chinese electric car company BYD, including according to Reuters. The company is said to have stolen designs from competitors, put other companies logos on its vehicles and scrimped on safety.
The reason this should surprise you is that value investor Warren Buffet paid $232 million for a 10 percent stake in BYD during the financial crisis.
It's unclear whether Buffett knew about any of this. In any case, BYD hasn't been charged with anything illegal -- only dubious practices that might not be allowed in the U.S.Why oil is so important to China
The presence of a Chinese frigate off the coast of Libya last week was deeply significant as the world’s major powers position themselves to protect future supplies of fuel, says Praveen Swami.
No comments:
Post a Comment