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
– A + A HONG KONG/SHANGHAI (Aug 19): Embattled Chinese property developer Evergrande Group is in talks with smartphone maker Xiaomi and Shenzhen state-backed investment firms as it looks to sell part of a 65% stake in its electric vehicle (EV) unit, three sources said. The Evergrande New Energy Vehicle (NEV) Group had a market capitalisation of US$12.5 billion on Thursday and one of the sources said the consortium is looking to buy a significant minority stake. Evergrande, Xiaomi and Shenzhen's state asset regulator did not respond to requests for comment. The talks were said by the sources to be…
