Singapore | China’s share of the $S403 billion ($426 billion) investment pie operated by Temasek has shrunk, but it is the grim outlook in the United States and Europe that will be the biggest drag on the investment company’s activities in coming months.
Singapore’s Temasek, which has invested $S315 billion in the past decade, expects to slow its pace in coming months due to the “fragile” global economy.
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Emma Connors was South-east Asia correspondent from October 2019 until mid-2023, based in Jakarta and Singapore. She has previously edited Perspective and Opinion and has written extensively across the AFR and related titles. Connect with Emma on Twitter. Email Emma at emma.connors@nine.com.au