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Sovereign Wealth Funds Briefing - Categorized | Financials, Market

Singapore’s Temasek faces key tests over China banks

Posted on 03 July 2013

Singapore’s sovereign investor Temasek Holdings Pte Ltd is coming under pressure to review its large exposure to Chinese banks as the world’s second biggest economy is on track for its slowest growth in more than 20 years.
The city-state’s AAA-rated wealth fund has poured billions of dollars into the biggest Chinese banks over the past few years including about $2.4 billion in the Industrial and Commercial Bank of China since 2012 alone………………………………….Full Article: Source


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