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DBS: Positive on China data centre sector despite oversupply concern

DBS Bank expects to see rapid growth in the data centre sector in China in the medium term, underpinned by an expanding customer base in the country’s cloud, multimedia content, internet, e-commerce, gaming and mobile applications industries. “Data centres in top-tier cities will enjoy robust growth despite market concerns on oversupply nationwide,” Tam Tsz-Wang, senior research director at DBS Bank. DBS…

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