April 26, 2016 Lessons in the Life of 'India's Warren Buffett' While he may not be well known internationally, Ajay Piramal is a household name in India. His empire, which includes healthcare, financial services, and information management ventures, was built in a similar way to Warren Buffet’s. Piramal, who will appear in conversation with Asia Society President Josette Sheeran tonight (April 26) in New York, uses a simple “buy low, sell high” principle that doesn’t rely on detailed knowledge of specific industries themselves, but rather, on the big investment picture. “Multinationals wanted to get out,” he has said of India’s pharmaceutical sector, where he first hit it big. “No one in India wanted to acquire this type of business. We saw a huge opportunity.” Read the article Soros: China Showing Signs of Impending Financial Crisis Billionaire investor and philanthropist George Soros says China’s economy is showing “eerie resemblances” to the United States in 2007 to 2008 just before the global financial crisis. Speaking at Asia Society in New York last week, he doubled down on his prediction of a Chinese hard landing, pointing to massive debt and unsustainable extension of credit. “Since it feeds on itself, it can reach the turning point later than anybody expects," he said. Read the article/watch video Nepal’s Earthquake, One Year Later On April 25, 2015, Nepal was hit by a 7.8 magnitude earthquake that killed nearly 9,000 people, displaced 3 million, and destroyed some 800,000 buildings. In the aftermath, billions of dollars in international aid poured in, but a year later, much of the country still hasn’t received help. In one way or another, many Nepalis continue to grapple with the after effects. “We still have aftershocks hitting us,” said one survivor. “The latest one was on [March 30] — we are still being reminded that it's not over.” Asia Society will address Nepal's recovery at an event in New York on Thursday. Read the article Upcoming Events Chicago — National Chinese Language Conference, 4/28-30 Sydney — The Economist: Australia’s Asian Future Summit 2016, 4/28 New York — Monkey Business: Japan/America Writers' Dialogue, 4/30 Become a Member Donate Now                  Asia Society 725 Park Avenue New York, NY 10021 USA Copyright © 2016 Asia Society, All rights reserved.  www.asiasociety.org