Amid the China’s harsh principles, Amazon

American company Amazon, rated China’s strict rules on online data, In the second big economy, Amazon was experiencing a large-scale barrier to the public cloud business.

Due to strict regulations, they have now sold their own hardware components in China to local companies.

Beijing Senate Technology has purchased Amazon hardware in China for $ 301.2 million. However, the news came out that Amazon has closed the public cloud business in China. But the company denied it. They said, only hardware has been sold. But they still continue to operate in China.

Amazon Web Services spokesman said, “Amazon has sold certain infrastructure to the Senate (Beijing Senate Technology) with China’s regulation. However, the ownership of the global Intellectual Property is still owned by Amazon. Amazon is optimistic about business in China.

There is also the possibility of increasing the business coverage. ‘

Source: Reuters