Amazon has expanded its cloud business in China despite strict new requirements that overseas companies store data locally and outsource hardware elements to local partners. The company said it would invest more than $1 billion over the next five years on a network of warehouses for delivering goods from China, which is home to about half of Amazon’s global sales. As we have previously noted, Amazon Web Services is facing increasing competition in China from local rivals such as Alibaba. Indeed, Chinese companies now account for around 80% of total cloud services revenue in the country, according to Synergy Research Group.
Amazon has expanded its cloud business in China despite strict new requirements that overseas companies store data locally and outsource hardware elements to local partners. It will offer services with Ningxia Western Cloud Data Technology. As we have previously noted, Amazon Web Services is facing increasing competition in China from local rivals such as Alibaba. Indeed, Chinese companies now account for around 80% of total cloud services revenue in the country, according to Synergy Research Group.