| Singapore's Temasek has said it is investing $347.2 million in the Chinese health care sector. The Singapore sovereign wealth fund will make the investment in the China operations of Columbia Pacific Management, Bloomberg reported.
The fund will partner with Columbia to form a 50-50 joint venture that taps into the growing health care sector in China. The JV will focus on providing health care services to China's burgeoning middle-class population. The strategy will be to offer affordable services in China, Columbia said in a statement...........................................Full Article: Source
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