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Sovereign Wealth Funds Briefing - Categorized | Financials, Investment, Market, People

Temasek to hold on to stakes in Chinese banks

Posted on 13 July 2012

Ding WeiTemasek Holdings Pte Ltd will maintain its stake in China’s banking sector in the long term despite a possible economic slowdown and the ongoing interest rates reform, the Singapore state investor said on Thursday.
“Seeing the current increase in consumption and ongoing urbanization, we are still confident in China’s economic potential,” Ding Wei, head of operations at Temasek China, said………………………………………..Full Article: Source


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