Warren Buffett Pitching Cherry Cokes in China

Warren Buffett on Cherry Coke

Billionaire Warren Buffett helped Coca-Cola launch Cherry Coke into the China Market by adorning a cartoon character of him onto limited addition Cherry Coke cans and bottles.

Who better to pitch Cherry Coke in China then the highly regarded investment genius who says that he drinks at least five cans a day consuming regular Coke at the office and Cherry Coke at home. He claims it is his secret to staying young.

Buffet didn’t ask to get paid to help with the promotion well at least not directly after all Berkshire Hathaway is the largest single shareholder in Coca-Cola with an investment worth about $17 billion.

The Oracle of Omaha’s cult like status isn’t just limited to Americans, an estimated 3,000 Chinese investors flocked to Berkshire Hathaway's annual shareholders meeting last year.

That subliminal message might be if I drink one of these everyday maybe I will be as Rich as Warren Buffet.

David Nealis 

While making my purchase of Cherry Coke at Family Mart in Shanghai,  I asked some Chinese people if they knew who was the person on the can a few said they didn’t know some creative answers and asked if it was Colonel Sanders of KFC ha ha ha.

Berkshire Hathaway's Lubrizol plans new plant in China

Berkshire Hathaway's Lubrizol plans new plant in China

US-headquartered Lubrizol Corp.which is owned by Berkshire Hathaway announced that it will soon be opening a new

David Nealis President of Ceres Ltd
www.ceres888.com

plant in Guangdong to produce chemical additives for lubricants. The plant will employ more than 150 workers that will primarily serve the Asian market.  

 Lubrizol Corp. operates in 17 countries and has about 7,000 workers worldwide.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

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China approves Warren Buffet's takeover of Heinz

China approves Warren Buffet's takeover of Heinz

China's Ministry of Commerce has issued regulatory approval for the acquisition of US ketchup giant HJ Heinz Co by an investment consortium headed by Warren Buffet's Berkshire Hathaway, Heinz announced. The acquisition, valued at US $28 Billion, has already received antitrust clearance in the US, Brazil, India, South Korea and other countries, except for the EU and Russia, where clearance is still pending. The merger agreement between the parties was first announced on February 14 and was overwhelmingly approved by Heinz shareholders on April 30.