Non-Cyclical Consumer Goods
* Suggests potential successor already works within Berkshire
BEIJING, Feb 28 - China said on Saturday it would implement drug distribution reforms including centralisation measures designed to cut prices and reduce corruption.
* Q4 net income falls to $4.16 bln or $2,529 per Class A share
NEW YORK, Feb 28 - Warren Buffett, in his 50th anniversary letter to shareholders, said on Saturday that Berkshire Hathaway had finally chosen the right person to succeed him.
Feb 28 - Warren Buffett's Berkshire Hathaway Inc on Saturday said profit declined 17 percent in the fourth quarter from a year earlier, reflecting lower investment gains, though operating results improved.
No related earnings announcements are currently scheduled within the next 7 days.