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SAP CEO says China to become as important as U. S. : paper

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FRANKFURT (Reuters) – German business software maker SAP sees potential for one million new customers in China, five times the number it currently has world-wide, German weekly paper Frankfurter Allgemeine Sonntagszeitung said. "China will be as important for us as the United States," SAP’s co-Chief Executive Jim Hagemann Snabe told the paper, according to an advance extract. Snabe said SAP wants to open the Chinese market by securing a deal with authorities to allow cloud computing services. "We want to find a solution with Chinese authorities this year if possible," Snabe told the paper. . . .

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