The Street was among several news sources that reported earlier this week on Warren Buffett's move into China. Buffett's MidAmerican Energy Holdings Co., has announced plans to invest about $230 million in
BYD Co., a Chinese car and battery maker.
Buffett is looking at obtaining a 10% stake in the Hong Kong company.
BYD is probably the world's largest maker of the nickel and lithium-ion batteries used in cell phones. Those sorts of lithium-ion batteries have become the battery of choice...
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