Thu, May 01, 2003 - Page 11 News List

Is Warren Buffett betting on China?

INVESTMENT The billionaire is not known as a fan of emerging markets, yet he has increased his stake in PetroChina. Will more institutional investors follow?

By William Pesek  /  BLOOMBERG NEWS , TOKYO

If Beijing won't report properly on a non-ideological public health issue like disease, investors wondered, how could they expect to get reliable information on companies and the economy?

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