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在线翻译:
szdaily -> Business/Markets -> 
News Bites
    2018-12-21  08:53    Shenzhen Daily

China buys more US soybeans

CHINA, the world’s largest consumer of soybeans, bought American-grown oilseed for a second week after largely shunning U.S. supplies earlier this year in a trade war between the two countries.

On Wednesday, the U.S. Department of Agriculture (USDA) said in a statement that exporters sold 1.199 million metric tons to China for delivery by Aug. 31. China’s Cofco said in a statement that it made two purchases.

Sinopec opens fuel station in Singapore

CHINA Petroleum & Chemical Corp. (Sinopec), Asia’s largest oil refiner, has opened its first overseas fuelling station in Singapore and is constructing a second station on the island, the company said in a statement Wednesday.

Sinopec’s fuels, which include gasoline and diesel variants, are of China VI emission standards, the company said, similar to Europe VI specifications. PetroChina Co. is also involved in the Singapore retail fuel sector after acquiring Singapore Petroleum Co. in 2009.

Guangzhou eases curbs on commercial property

GUANGZHOU has relaxed restrictions placed on commercial property last year, in the latest sign of efforts by local governments in China to revive flagging real estate sales which have weighed on economic growth.

Guangzhou, one of China’s top tier cities, moved to cool its property market in March last year by issuing measures which included curbs that prevented individuals from buying commercial property. That restriction will now be eased, the Guangzhou Housing and Urban-Rural Construction Committee said in a statement on its website Wednesday. It said that developers who built on land that was sold before March 2017 will now be able to sell commercial property to all buyers, including individuals, in a policy change that will take effect from Thursday.

Acquisition-related loans set to slump

CHINESE acquisition-related loans look set to end 2018 lower for the second year running with prospects of a turnaround looking dim as a trade war crimps appetite for overseas deals.

Event-driven loans made by Chinese firms in foreign currencies are down 41 percent this year to US$18.2 billion from 2016’s US$30.7 billion, according to Bloomberg-compiled data.

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