CHINA has become the largest investment market for Temasek Holdings in terms of net portfolio value and the Singaporean investment company will continue to invest in sectors like technology, life sciences and the consumer market in the country, a top company official said.
Temasek remains optimistic about the medium-term economic prospects of China given the country’s quick and strong economic recovery from the shocks generated by the Covid-19 pandemic, Wu Yibing, head of China for Temasek, said at a news briefing in Beijing.