PetroChina Investors Shrug Off Buffett Sale

The investing wizard sells 28 million shares of the Chinese oil company criticized for links to Sudan, but his remaining 9% stake rakes it in

Warren Buffett , long celebrated for his investing skill, more recently has won renown for his philanthropy, especially his gift of billions of dollars to the Bill and Melinda Gates Foundation. That hasn't stopped critics from denouncing him for being a major shareholder in PetroChina (PTR), the Chinese state-owned oil company that is a big investor in Sudan, where millions have died or become refugees because of the conflict that has wracked the Darfur region.

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