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China Resources to sell piped gas (China Daily) Updated: 2006-10-30 11:23 China Resources Enterprise Ltd plans to sell its piped gas, chemicals distribution and petroleum-related businesses in China to its parent for US$356 million to focus on consumer-oriented sectors. According to Reuters, the Beijing-backed conglomerate, which kicked off a corporate overhaul in 2005, intends to keep selling non-core units to concentrate on developing retail, food and a brewery business on the mainland and Hong Kong run jointly with SABMiller Plc. (For more biz stories, please visit Industry Updates)

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