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China software maker Kingdee to shift to domestic cloud services amid US-China tech war | South China Morning Post

Story summary

Shen Chongfeng, rotating president of China’s biggest corporate software maker Kingdee, says the company is investing heavily in cloud services at the expense of short-term profits to capitalise on a “once-in-a-lifetime” opportunity for domestic tech firms. Kingdee has also been undergoing a transformation of its ow…

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