Amazon to sell China cloud assets to partner Beijing Sinnet for $300m

Amazon to sell China cloud assets to partner Beijing Sinnet for $300m

The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, February 20, 2017. REUTERS/Pascal Rossignol

Amazon.com Inc is selling off the hardware from its public cloud business in China, amid tightening regulation over online data that is creating a hurdle for technology firms operating in the world’s second-largest economy.

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