Cybersecurity
U.S., China in Talks to Add Concession on Cloud Computing in Trade Deal
- Amazon, Microsoft, Apple met Chinese officials this week
- China could scrap joint-venture rules for cloud computing
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U.S. and Chinese negotiators are discussing adding a concession on cloud computing to their trade agreement that would give foreign companies greater access to the $12 billion Chinese market, people familiar with the talks said.
Chinese officials called a meeting this week with representatives of companies including Microsoft Corp, Apple Inc and Amazon.com Inc to talk about the proposal in detail, said one of the people. The discussions include possibly scrapping the requirement that providers of remote computing services form joint ventures with local companies, another person said. Both asked not to be named discussing the private negotiations.