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Sovereign Wealth Funds Briefing - Categorized | Investment, Trends

Singapore’s Temasek keeps faith with U.S., China

Posted on 05 July 2013

Temasek Holdings Pte. Ltd., Singapore’s state investment company, said Thursday it is eager to capitalize on the gradual recovery it sees in the U.S., while keeping faith in China’s economy and financial sector despite concerns over a recent cash crunch there.
The company is sticking with its focus on these areas, its longtime strategy, even as some investors remain skeptical about growth prospects in the world’s two largest economies. China faces headwinds from domestic factors and the U.S. Federal Reserve is expected to tighten monetary policy………………………………………..Full Article: Source


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