This video discusses how Singapore is acquiring China’s largest banks. It highlights the increasing investment and influence of Singapore in the Chinese banking sector. The video explains that Singapore’s sovereign wealth fund, GIC, has been actively investing in Chinese banks, including Industrial and Commercial Bank of China (ICBC) and China Construction Bank (CCB). It also mentions that Singapore’s Temasek Holdings has invested in Bank of China. The video suggests that Singapore’s investments in Chinese banks are part of its strategy to diversify its portfolio and gain exposure to the growing Chinese economy.
https://www.youtube.com/watch?v=dnkwF48O7OU