Xinhua world economic news summary at 0900 GMT, Dec. 27

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CHICAGO -- CBOT agricultural futures kept the bullish trend on improving world demand, as U.S. dollar may continue to weaken on the growing U.S. budget deficit, Chicago-based research company AgResource noted.

The breaking of the 5-year sideways trends is arguing for a multiyear bull market, said AgResource. The first quarter of 2021 is expected to be especially bullish as the U.S. and world economic outlook brightens as the pandemic fades. (US-Agricultural Futures-Coronavirus)

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BANDAR SERI BEGAWAN -- The China Day cultural carnival, as part of the Brunei December Festival as well as an important event of the Brunei-China Year of Tourism 2020, was officially launched here on Saturday.

Hosted by the Chinese Embassy to Brunei, supported by Brunei's Ministry of Primary Resources and Tourism and Ministry of Culture Youth and Sports, and organized by Brunei-China Friendship Association, the China Day event will open to the public for two days until Sunday. (Brunei-China-Tourism)

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BEIJING -- China's automobile imports and exports expanded further in November, according to data provided by the China Association of Automobile Manufacturers (CAAM).

Last month, the import and export volume of automobile commodities totaled 16.3 billion U.S. dollars, up 6.3 percent month on month, said the CAAM, citing customs data. (China-Auto-Trade) Enditem

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