Didi Backer Temasek Optimistic on China Amid Tech Crackdown
- Singapore state investor has backed ride-hailing firm and Ant
- Temasek holds more assets in China than any other country
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Temasek Holdings Pte remains optimistic about prospects in China even after two of its major investments there were sideswiped by regulatory crackdowns.
“We continue to look at the growth opportunities in China,” said Mukul Chawla, joint head for North America and technology at the Singapore state investor. “Our stance on China remains unchanged in our optimism.”