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Charlie Munger - 1 — - 1 Berkshire Hathaway - 1 Munger - 1 aplenty - 1 Warren Buffet's - 1 Xi Jinping - 1 Jack Ma - 1
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Service - 1 Berkshire - 1 Weibo - 1 Twitter - 1 Sina Finance - 1 Business - 1 Communists - 1

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2 mentions found


☆ In death, Charlie Munger is loved by China
  + stars: | 2023-11-29 | by ( Matthew Loh | ) www.businessinsider.com   time to read: +4 min
Chinese social media is treating Charlie Munger, who died at 99 on Tuesday, with great reverence. AdvertisementAs Wall Street mourns the death of investing legend Charlie Munger, Chinese social media is tipping its hat to the man. Advertisement"Live long, be rich, have children and grandchildren, what a perfect life," wrote another user under a news report about his death. Munger, who amassed a net worth of around $2.3 billion, had a reputation for witty one-liners on life, geopolitics, business, and governance. Munger, who was outspoken against cryptocurrencies, also lauded China's main bank for banning crypto in 2021.
Persons: Charlie Munger, —, Berkshire Hathaway, Munger, aplenty, Warren Buffet's, Xi Jinping, Jack Ma, Ma, cryptocurrencies, Elon Musk's Tesla Organizations: Service, Berkshire, Weibo, Twitter, Sina Finance, Business, Communists Locations: Weibo, Munger, China, Berkshire, Nebraska, America, Washington, Beijing, Shenzhen
☆ China is reopening after zero-Covid. But there's a long road ahead
  + stars: | 2022-12-23 | by ( Evelyn Cheng | ) www.cnbc.com   time to read: +4 min
In major cities Shanghai and Shenzhen, Friday morning rush hour traffic was extremely light, according to Baidu data. Subway ridership in major cities as of Thursday remained well below the normal range, according to Wind Information. "It will be the first time in nearly three years that mass migration will resume in China as families congregate." As for foreign direct investment into China, Hart said he expected it would take about a year after travel fully reopens for such investment to start recovering. Hainan hotel bookings last week rose by 20% from the prior week, Trip.com said.
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