China's expanding data trove

The volume of digital information produced in China is vastly outstripping that of the U.S., according to new research from Seagate and technology research group IDC.

The big picture: This includes financial records, photos and other documents stored on the internet. By 2025, China will hold 27.8% of the world's data, compared to 17.5% that will reside in the U.S. China's data is growing 3% faster than the global average every year.