Temasek says China to stay major focus

Singapore fund optimistic on new technology and sustainable growth

Singapore's state-owned investor Temasek affirmed its long-term and stable investment strategy in China, after it reported a large net divestment globally in the 2018-19 financial year, the company's senior Chinese management told China Daily on Thursday.

"China is one of the most important investment destinations for Temasek, and we remain optimistic on China's trajectory in the medium to long term," said Wu Yibing, head of Temasek China.