| Singapore's sovereign wealth fund Temasek is sticking with its bets on China, looking past recent volatility to gradually increase its exposure. "We remain confident in the long term prospects of the Chinese economy," Wu Yibing, head of China investments at the 266 billion Singapore dollar ($196.09 billion) fund, said at the press conference announcing the fiscal year results.
"The Chinese government is determined to foster the Chinese capital market into one of the most important capital markets in the world and we believe in that, as well that the Chinese economy would become one of the most important economies in the world."..............................................Full Article: Source
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