Monday, March 25, 2013

Chinese BYD drops economy!

China droped their economy a  in 2012 due to the chinese BYD electric car company, owned by  Warrren Buffet. He saw a 94 percent in earnings drop.
A subsidiary of Berkshire Hathaway owns a 9.56 percent stake in the company.
this is very important, considering China is one of the leading country's in economy.
The Chinese BYD is considering making new material in hope to increase its profit and use it's resources in a more useful matter.

 

 

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