China Floats Cloud Concession to Foreign Tech Firms in U.S. Trade Talks – The Wall Street Journal

China Floats Cloud Concession to Foreign Tech Firms in U.S. Trade Talks – The Wall Street Journal

BEIJING—China is offering foreign technology firms better access to the country’s fast-growing cloud-computing market, according to people briefed on the matter, as Beijing fashions a compromise in a tech sector the U.S. wants opened as part of a trade deal.

Premier Li Keqiang disclosed the proposal to allow trial operations for foreign cloud service providers at a Monday meeting with about three-dozen corporate chieftains, including those from IBM Corp., Pfizer Inc., Rio Tinto PLC, BMW AG and Daimler AG. The plan is part…

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