China’s growing cloud industry

China’s cloud computing market is estimated to reach US$31.6bn in the next three years, thanks to investment from public and private players

Cloud computing is emerging as one of the China’s fastest growing industries. The nation may account for less than 3% of global cloud computing market share – valued at US$90bn in 2011) but it is growing with an annual rate of 40%, according to analyst firm Gartner.

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