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Ping An Trust, AXA Real Estate to invest in China property

Jul. 29, 2009 (China Knowledge) - China Ping An Trust & Investment Co Ltd, a subsidiary of the country's second-largest insurer, Ping An Insurance (Group) Co<601318><2318>, has inked a memorandum of understanding with AXA Real Estate Investment Managers to jointly develop high-end residential projects in China, the Wall Street Journal reported on Monday. AXA, the largest real esta

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