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On a recent visit to The Ben Graham Centre for Value Investing in Ontario, Warren Buffett (aka The Oracle of Omaha) imparted his highly sought-after financial advice to eager students, reports Motley Fool.
According to notes taken by one of the students, Mr Buffett commented: "The 19th century belonged to England, the 20th century belonged to the US and the 21st century belongs to China. Invest accordingly."
Indeed, as National Geographic editor-in-chief Chris Johns wrote recently: "The shock waves of [China's] growth reverberate in every corner of the globe."
Taken into consideration the criteria Mr Buffett looks for in potential speculations, Motley Fool offers some potential Chinese investment opportunities including Baidu.com with $122 million (£64 million) earning before tax (EBT) and Sina with $84 million (EBT).
Mr Buffett is believed to have an estimated worth of around $62 billion, according to Forbes.
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