Warren Buffett to invest in China, India and Brazil

Billionaire Warren Buffett, wearing a traditional tikka or a red mark on the forehead, speaks during a news conference in Bangalore March 22, 2011. Buffett on Tuesday said he is looking to invest in large countries like India, China and Brazil, but added that restrictions on foreign ownership in India's insurance industry could be a deterrent. Buffett also said and the US economy was improving and that the devastating earthquake in Japan would not hurt global growth. [Photo / Xinhua and Reuters]