Temasek expects China’s economy to rebound


Temasek had S$381bil (US$275bil or RM1.19 trillion) in assets under management as of March 2021 including investments in China, which has struggled with Covid-19 crackdowns among other macro factors.

SINGAPORE: Singapore’s state-owned investor Temasek Holdings Pte expects Chinese growth to rebound in the second half as the government stimulates the economy, according to chief investment officer Rohit Sipahimalani.

“We are close to the trough, so a very different stage in the cycle,” he told Bloomberg Television.

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Singapore , Temasek , China , economy , rebound ,

   

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