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May 04, 2022 06:23 PM
FINANCE

Singapore’s Temasek Sees China Growth Reviving in the Second Half

Copies of the Temasek's annual report are arranged for a photograph in Singapore on July 9, 2019. Photo: Bloomberg
Copies of the Temasek's annual report are arranged for a photograph in Singapore on July 9, 2019. Photo: Bloomberg

(Bloomberg) — Singapore’s state-owned investor Temasek Holdings Pte. Ltd. expects Chinese growth to rebound in the second half as the government stimulates the economy, according to Chief Investment Officer Rohit Sipahimalani.

“We are close to the trough, so a very different stage in the cycle,” he told Bloomberg Television. “I would see growth on the rise in the second half of this year as against a decline in the U.S. and Europe.”

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