A display screen from China Telecom Cloud Computing in Guian New Area, southwest China's Guizhou Province, April 9. — Xinhua/South China Morning Post
China maintained its position as the world’s second-largest cloud services market amid record spending of US$4.3bil (RM17.91bil) in the second quarter, fuelled by increased demand for online services during the Covid-19 pandemic and government stimulus measures, according to a report.
That marked a 70% increase from a year ago, led by domestic cloud infrastructure services spending on Alibaba Cloud, according to research firm Canalys in a report on Sept 9.
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