Chinese crackdown on tech giants threatens its cloud market growth

Sep 13, 2021 - TechCrunch

As Chinese tech companies come under regulatory scrutiny at home, concerns and pressures are escalating among investors and domestic tech companies including China’s four big cloud companies, BATH (Baidu AI, Alibaba Cloud, Tencent Cloud and Huawei Cloud), according to an analyst report.

Despite a series of antitrust and internet-related regulation crackdowns, the four leading cloud companies have been growing steadily. As the current scrutiny is not particularly...