Some see serious trouble ahead, some see the troubles as to be expected in a rapidly expanding economy, and are notb that serious. http://www.bbc.co.uk/news/business-13802453
And do remember Temasek has big bets on China.
http://atans1.wordpress.com/2010/02/08/tlcs-in-china-groupthink-or-mastermind-at-work/
http://atans1.wordpress.com/2010/09/03/sporeans-temasek-may-have-a-problem/
So does GIC.