Warren Buffett says US, China can compete and both ‘prosper’ amid rising tensions

Berkshire Hathaway CEO Warren Buffett said the United States and China can compete and “prosper” simultaneously amid rising tensions recently between the two countries.

Buffett said at his company’s annual meeting on Saturday that the two countries need to understand that they cannot push each other too hard, as either country is capable of destroying the other.

“Both places are going to be competitive, and both can prosper,” he said. “That’s the vision that is out there that China will have a more wonderful country. The United States will have a more wonderful country.”Buffett said a situation where both countries can […]

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By Donato