Amazon has sold some of its cloud computing infrastructure in China to its local partner in a deal worth $300m, a move it said was necessary in order to comply with the country's tech regulations. The company confirmed that it has sold off its Amazon Web Services (AWS) infrastructure to Sinnet, its local technology partner. According to Reuters the deal is worth up to 2 billion yuan -- around $301m. In a statement Amazon emphasised that it had not sold its business in China, saying that it "remains fully committed to ensuring Chinese customers continue to receive AWS's industry leading cloud services". The company explained: "Chinese law forbids non-Chinese companies from owning or operating certain technology for the provision of cloud services.
Amazon is the latest multinational firm to bow to state censorship to continue selling its products in China. The electronic commerce company, founded by Jeff Bezos in 1994, offers cloud based services within the secretive state's economy. A controversial cybersecurity crackdown came into effect last month that tightened restrictions on freedom of speech online, imposing new rules on service providers. Apple also sparked criticism in recent days after removing software from its app store that allowed internet users to skirt the country's controls. Amazon is the latest multinational firm to bow to state censorship to continue selling its products in China.