May. 27, 2009 (China Knowledge) - Shanghai LuxChina Property Development Co Ltd yesterday began construction of an upscale commercial property, namely L'Avenue Shanghai, in Hongqiao Development Zone of Shanghai, the largest city in China, sources reported.Macau casino magnate Stanley Ho and LVMH Moët Hennessy Louis Vuitton S.A. (LVMH) Chairman Bernard Arnault will jointly invest US$500 million in
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