Why Billionaires Buffett and Gates Happen to be in China this Week at Golden Networking’s China Business Conference

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Golden Networking’s 2nd China Leaders Forum, “Is the Chinese Dragon Poised for Global Dominance or Economic Implosion?” (ChinaLeadersForum.com), October 6th, New York. China Leaders Forum 2009 DVD Video Package Now Available Online

New York, NY, September 29, 2010 — Warren Buffett is scheduled on Wednesday to visit Beijing where he will co-cost a dinner with Bill Gates, his fellow billionaire, to share their belief in philanthropy. Why two of the richest men in the world happen to be in China at the same time will be noted at Golden Networking’s 2nd China Leaders Forum, “Is the Chinese Dragon Poised for Global Dominance or Economic Implosion?” (http://www.ChinaLeadersForum.com), October 6th, New York City.

As reported by The Financial Times, “Warren Buffett has come to China this week with fanfare to preach philanthropy. His first stop, however, was not about giving money, but profiting from green technologies. In Shenzhen, the southern Chinese boomtown abutting Hong Kong, BYD, the battery-maker turned carmaker in which Buffett has a 10 per cent stake, held a “build your dreams” conference for its 1,200 auto dealers from around the country. In a packed hotel ballroom, Buffett sang the praises of BYD’s electric cars.”

“‘BYD is a young and promising company experiencing dynamic growth,’ said Buffett, calling BYD ‘the fastest growing auto company in the world’. BYD marked the sale of its 1,000,000th vehicle on Monday, only seven years after it was founded. “This is my first trip to Shenzhen but I promise you it won’t be my last,” Buffett said, followed by a big round of applause. “BYD is the right choice for me.”

“BYD’s shares now trade above HK$59, up from the HK$8 level Buffett bought in at two years ago. BYD on Monday announced the national launch of its F3DM hybrid, bringing the model to 20 more cities in addition to its base in Shenzhen.”

2nd China Leaders Forum is produced by GoldenNetworking.net (goldennetworking.net), the premier networking community for business executives, entrepreneurs, investors and diplomats, founded by former McKinsey consultant and Columbia Business School MBA Edgar Perez. Upcoming Golden Networking’s Forums and Business Receptions include:

• High-Frequency Trading Experts Workshop 2010, “Practical Implementation of High-Frequency Trading Strategies” (HFTExpertsWorkshop.com), October 4 & 5, London, October 7 & 8, New York, October 25 & 26, Dubai, and October 28 & 29, Hong Kong

• 2nd China Leaders Forum, “Is the Chinese Dragon Poised for Global Dominance or Economic Implosion?” (ChinaLeadersForum.com), October 6th, New York City

• High-Frequency Trading Happy Hour, (HFTHappyHour.com), October 12th, New York City

• Latin America Leaders Forum 2010, “Unlikely Oasis of Growth amid the Global Economic Crisis?” (LatinAmericaLeadersForum.com), October 21st, New York City

• 1st Finance Leaders Forum, “How the New Financial Legislation Will Impact You and Your Business” (FinanceLeadersForum.com), November 4th, New York City

• 2nd Banking Leaders Forum, “Private Banking on the Brink of Transformational Change” (BankingLeadersForum.com), November 18th, New York City

• Global Energy Leaders Forum 2010, “Proposals and Solutions for Today’s Global Energy Challenges” (GlobalEnergyLeadersForum.com), December 2nd, New York City

• 2nd Private Equity Leaders Forum, “Setting the Stage for Radical Transformation in 2011 and Beyond” (PrivateEquityLeadersForum.com), December 9th, New York City

Golden Networking has compiled the insights of top experts and industry practitioners and produced DVD Video Packages for its Leaders and Experts Forums, including:

• Distressed Investing Experts Forum 2010 DVD Video Package, “Analyzing and Valuing Distressed Companies, Securities and Real Estate”, DistressedInvestingExpertsForum.com

• Derivatives Leaders Forum 2010 DVD Video Package, “Strategies for Increasing Profits under an Evolving Regulatory Framework”, DerivativesLeadersForum.com

• High-Frequency Trading Leaders Forum 2010 DVD Video Package, “Innovating and Profiting from High-Frequency Trading in 2010 and Beyond”, HFTLeadersForum.com

• Hedge Funds Leaders Forum 2010 DVD Video Package, “Generating Alpha in Challenging Times”, HedgeFundsLeadersForum.com

• High-Frequency Trading Experts Forum 2010 DVD Video Package, “Starting and Running a High-Frequency Trading Operation”, HFTExpertsForum.com

• Distressed Investing Leaders Forum 2010 DVD Video Package, “Extraordinary Opportunities Investors Cannot Afford to Pass”, DistressedInvestingLeadersForum.com

• China Leaders Forum 2009 DVD Video Package, “Addressing the Challenges Posed by the Present Wave of Chinese Globalization”, ChinaLeadersForum.com

• Distressed Investing Leaders Forum 2009 DVD Video Package, “The Most Comprehensive Guide for Any Investor in Distressed Assets”, DistressedInvestingLeadersForum.com

Panelists, speakers and sponsors are invited to contact Golden Networking by sending an email to [email protected]. Golden Networking has been frequently featured in the press, including recent articles in The Wall Street Journal, “Happy Hour for High-Frequency Trading”, The New York Times, “Golden Networking Helps Job Seekers Make Overseas Connections”, Los Angeles Times, “Speed-addicted traders dominate today’s stock market”, Reuters, “Revamp looms as trading experts huddle at SEC” and Columbia Business School’s Hermes Alumni Magazine, “10 Under 10”.
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Press Contact:
Edgar Perez
Golden Networking
New York, NY
516-761-4712
[email protected]
http://www.chinaleadersforum.com

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