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China tech

Tencent enters Japan's cloud, chasing Amazon and Microsoft

Chinese tech giant to host data for game and video-sharing providers

With tighter regulations slowing the growth of China's game market, Tencent has turned to the cloud as a high revenue earner.   © Reuters

BEIJING -- Tencent Holdings, one of China's dominant tech conglomerates, is going to Japan to challenge Amazon and Microsoft in the cloud computing market.

Tencent is shifting its focus to overseas markets in an attempt to maintain its high pace of growth while China's economic expansion tapers off.

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