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Added on the 09/07/2015 14:24:38 - Copyright : Reuters EN
The South African president and chairperson of this year's BRICS summit, Cyril Ramaphosa, announces that the five current member states have reached a "consensus on the first phase of this expansion process" and have invited six states to become new members of the BRICS group from January 1, 2024. SOUNDBITE
Leaders of the BRICS countries arrive for the opening plenary session of the summit. IMAGES
Xi Jinping inspects the guard of honour at Mahlamba Ndlopfu, the Presidential Palace in Pretoria. The Chinese president is in South Africa attending the BRICS summit, an association of emerging economy countries which includes Brazil, Russia, India, China and this year's host, South Africa. IMAGES
Shanghai, Sep 29 (EFE/EPA).- Chinese real estate giant Evergrande on Wednesday announced it would sell a 19.93 percent stake in commercial Shengjing Bank to a state-owned conglomerate for 9.99 billion yuan ($1.55 billion).After the transaction, its stake in Shengjing Bank will drop from 34.5 percent to 14.57 percent, Evergrande said in a statement sent to the Hong Kong Stock Exchange.Evergrande will transfer 1.75 billion non-publicly traded domestic shares to the buyer at a unit price of 5.7 yuan. (Camera: ARCHIVE). ARCHIVE FOOTAGE OF THE EVERGRANDE CENTER IN SHANGHAI, CHINA.
Business Insider reports Norwegian deputy central bank governor Jon Nicolaisen resigned on Friday. Nicolaisen was in charge of Norway's $1.2 trillion sovereign wealth fund, the biggest in the world. He stepped down after Norway's security service rejected his security clearance because his wife is Chinese and lives in China. The pair have been married for ten years, but Norway has become stricter on ties to China and Russia in recent years. Norway's intelligence service says the two countries are trying to find out information about Norway's petroleum industry.
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