China

Buffett to visit BYD in China amid declining sales, legal disputes

Shareholders look over a BYD E6 electric vehicle on display during the Berkshire Hathaway annual meeting in Omaha, Neb., in May. When Berkshire Hathaway Chairman and BYD shareholder Warren Buffett visits the Chinese automaker BYD next week, he'll find a company facing sliding car sales and legal disputes. In May, top Berkshire executives said the company would be invested with China's BYD for a "very long time." (Bloomberg/Bloomberg)
September 23, 2010 05:00 AM

(Bloomberg) -- When Warren Buffett visits Chinese carmaker BYD Co. next week, he'll find a company facing sliding sales and legal disputes with the government and Foxconn International Holdings Ltd.

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