Singapore's Temasek Holdings plans to invest $30B in the US market over 5 years, surpassing China investments.
Singapore's state-owned Temasek Holdings plans to invest $30 billion in the US market over the next five years, with the Americas becoming the largest recipient of capital. Temasek's investments for North and South America have surpassed China for the first time in at least a decade, accounting for 22% of its portfolio. The firm is cautious on investing in China due to its increasing self-closure and ongoing US-China competition in semiconductor manufacturing.
July 29, 2024
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