Buffett: Philanthropy in China will grow faster than America

Source: Internet
Author: User
The 4-day Buffett-China line finally reached its climax last night. Last night at 17:00, the third day, Buffett and Bill Gates, the focus of Beijing's trip-the Buffett charity dinner at the Beijing Changping District Lafayette Castle Hotel held.  CBN reporters interviewed Buffett the first time. Feng Difan "We have wonderful (lovely) cooperation."  In answer to CBN questions, "Oracle of Omaha" Buffett so evaluation of the partnership with BYD, in addition, he further announced that "this year will not sell BYD shares."  However, Mr. Buffett's trip to Beijing is not focused on sharing the secrets of business investment, but he is also looking to share his attitude towards wealth and his attitude towards donations with Chinese entrepreneurs.  Last night, at 17:00, Buffett and Bill Gates, the focus of his trip to Beijing-the Buffett charity dinner in the Beijing Changping District Lafayette Castle Hotel held. Painstakingly, in Beijing Changping Lafayette Castle Manor, the first financial channel interview to Warren Buffett.  Buffett called the charity Dinner "open Exchange".  In response to the controversial dinner, Buffett's travelling companion, Bill Gates, said in an interview with the first financial channel that the centerpiece of the dinner would be to have an ideological connection with Chinese entrepreneurs to understand their ideas. "There was not much chance of such a party.  Gates said.  Jiangsu Huangpu Renewable Resources Co., Ltd. chairman Chen said that the dinner needs to rely on car cards, invitations and after entering the ballroom to each person's unique password "three layer of insurance" after entering.  Most Chinese entrepreneurs in the ballroom are wearing headphones and listening to the conversation between Mr. Buffett and Gates under the auspices of Yang LAN. Zhang Xin, CEO of Soho China, wrote in her microblog: "Buffett is 80 years old, smiling, full of gratitude, and listening carefully to every question and seeing that he is a great man." "Philanthropy in China will grow faster than America.  "Buffett started with good wishes for the Chinese charity and said that" charitable donations are a private decision, and we are here to share our experience. " "My 3 children are in charity, each managing a charitable foundation." I donated 1 billion dollars to each of their foundations. "My father set an example to me when I was very young, and he donated all his life," he said.  Gates also said that when he and his wife were married, they knew they would not leave their children much money, and they were always looking for opportunities to transfer their resources to social welfare. (The first financial channel host, Kathy, also contributed to this article.) The first financial interview Buffett details, please pay attention to the recent first financial, Ningxia TV related programs.  Ask Buffett CBN: Will you sell BYD shares?  Buffett: Not for sale this year.  CBN: PetroChina and BYD are two completely different companies, so why invest in the two companies in your portfolio? Buffett: BYD is a relatively new company, the future must be done by now people have not done, butThe common denominator in buying the two companies is that the value of both companies is undervalued when I buy them.  CBN: What are your comments on the whole charity dinner?  Buffett: The whole dinner was done in a fairly open atmosphere, America's charitable model is not suitable for China, the American culture is different from China's, the charitable way is not the same, the Chinese economy has developed rapidly in the past 20 years, China's philanthropy will develop correspondingly along with the economic development, but China's charitable way certainly will have its own characteristic.  CBN: The plan for selecting your successor is underway, and what are the reasons and criteria you choose?  Buffett: The criteria to choose is to love our corporate culture, to have a very keen sense of the fund's distribution, and to understand business very well. (The interviewer is the first financial channel host Kathy)

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