GIC eyes more 'China for China' investments after scoring 8-year-high returns in 2023

GIC eyes more 'China for China' investments after scoring 8-year-high returns in 2023

FILE PHOTO: A signage of Singapore's sovereign wealth fund GIC is pictured at their office in Singapore July 13, 2023. REUTERS/Edgar Su/File Photo

Singapore sovereign wealth fund GIC, one of the world’s biggest investors, plans to continue investing in China despite geo-political tensions after chalking up its best showing in eight years in the financial year ended March.