CCTV Weekly Script 03/05/24

This week, China’s CCTV focuses on three prominent business figures. Firstly, legendary investor Warren Buffett prepares for the annual shareholder meeting of Berkshire Hathaway, which will be his first solo show. Investors are interested in Berkshire’s succession plan and Buffett’s views on the investment environment. Next, Starbucks CEO Laxman Narasimhan faces challenges as the company’s revenue and profits fall below expectations, causing a decline in stock price. Narasimhan attributes the performance to cautious consumer spending. Lastly, the CEO of Ericsson, Börje Ekholm, voices concerns about excessive regulation in the digital industry, calling for the EU to amend its antitrust policies.