Berkshire's Munger says China right to clip Ma's wings 06/30/2021 4:10 (Reuters) -Berkshire Hathaway Inc Vice Chairman Charlie Munger praised China's move to impose a sweeping restructuring on Jack Ma’s Ant Group, the fintech giant whose record $37 billion IPO was derailed by regulators in November. The 97-year-old told CNBC in an interview alongside Berkshire CEO and billionaire investor Warren Buffett that the United States should take a leaf out of China's book and "step in preemptively to stop speculation". "I don't want the, all of the Chinese system, but I certainly would like to have the financial part of it in my own country," he said in the interview aired on Tuesday in the United States.