Looks like he's trying to get his kids fleunt in Mandarin Chinese, so essentially he's betting on China.
Yes, I wrote my comment in a bit of a hurry (as evidenced by the ridiculous typo I made). I could be trite and say that "Singapore is where a capitalist moves when that capitalist really wants to move to China." But off-handed insults aside, he is still definitely betting on a period of Chinese ascendency.