Temasek pauses China tech investments amid Beijing crackdown

Singapore state investor wants regulatory clarity as Didi, others face scrutiny

20190918 Didi 滴滴出行 Didi Chuxing

Ride-hailer Didi is just one of the Chinese companies in Temasek's portfolio that has been caught up in Beijing's clampdown on the tech sector. (Photo by Akira Kodaka)

DYLAN LOH, Nikkei staff writer

SINGAPORE -- Singapore state investor Temasek is holding off on new investment in Chinese tech companies for the time being due to uncertainty over Beijing's crackdown on the sector.

In an interview with Nikkei Asia, Chief Investment Strategist Rohit Sipahimalani said Temasek is waiting to see how China defines the rules governing the ways its tech players can operate before making any fresh bets on the country's digital players.

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