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Warren Buffett Bullish on China’s BYD

Mar. 1, 2010

The "Sage of Omaha" Warren Buffett has invested in "比亚迪 (bǐyàdí) BYD-Build Your Dreams" CO Ltd, which is a Chinese manufacturer of batteries, "手机 (shǒujī) cellphones," and electric vehicles founded by Wang Chuanfu. Buffett "看好 (kànhǎo)" apparently is bullish on the rise of "技术 (jìshù) technology" -based company BYD. In one meeting, Buffett wore the "标志 (biāozhì) logo" of BYD, showing his recognition of the company. He also "赠送 (zèngsòng) gave a gift" -a wallet, to Wang Chuanfu, wishing him "财气 (cáiqì) luck in making more money." This has coincided with a humorous connotation by some folks that BYD should mean Bring Your Dollars. Wang Chuanfu presented Buffet a BYD’s F6DM dual-mode electric vehicle model which has revealed BYD's confidence in the field of "电动车 (diàndòngchē) electric vehicles." The e6 car is a type of pure electric vehicle researched and developed by BYD itself. Comparing with other electric cars, its running distance per charge is the longest by far in the world. The e6 cars are expected to enter the U.S. market in 2011. Electricity is a "污染 (wūrǎn) pollution" -free energy resource, so the prospect of electric cars was favored by Buffett.

看好 (kànhǎo) To be bullish on…  

"看 (kàn)" means to look and watch and "好 (hǎo)" means good.

Example:

随着中国的快速发展,许多老外都因为看好中国的前景而对汉语学习产生兴趣。   Suízhe Zhōngguó de kuàisù fāzhǎn, xǔduō lǎowài dōu yīnwèi kànhǎo Zhōngguó de qiánjǐng ér duì hànyǔ xuéxí chǎnshēng xìngqù.
With the rapid development of China, many foreigners are interested in learning the Chinese language, for they are bullish on the future of China.

"财 (cái)" Luck in making more money  

"财 (cái)" refers to money or wealth and "气 ()" refers to luck.

Example:

他真有财气,炒股都发了很多次了。  
Tā zhēn yǒu cáiqì, chǎogǔ dōu fā le hěnduō cì le.
He really had luck in making money, for he has hit the stock jackpot many times.

生词 (shēngcí) Vocabulary   
手机 (shǒujī): n cellphone   
技术 (jìshù): n technology    
标志 (biāozhì): n logo    
赠送 (zèngsòng): v to give a gift    
电动车 (diàndòngchē): n electric vehicle   
污染 (wūrǎn): n/v pollution/to pollute  

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