BRICS chairship passes to China as PM Modi extends best wishes; calls for "concrete results" in grouping’s third decade
September 13, 2026
tribuneindia.com
Michael Binger of Gradient Investments said on CNBC's "Trading Nation" the latest data from China showed some slowing. The industrial output was roughly 6% in July, while it was 8% in June, the COVID-19 outbreaks are putting a little bit of a pause in the economic recovery and the regulatory issues are also causing some headwinds, explained Binger. Despite the weakness, he would be a buyer of Baidu Inc (NASDAQ: BIDU ). The stock is down 50% and it's out of scope of regulatory pressure. Its sales growth was over 20% and it has mid to high teens growth for…
