And Alibaba is not a Japanese company.
Alibaba is a private enterprise managed by partnership registered in Hangzhou, Zhejiang Province more than ten years ago.
At present, although it has developed into Alibaba Group, its registered place is still in Hangzhou, Zhejiang Province, which means it is still a China enterprise.
Some people may be Japanese Softbank holding 40% of Alibaba's shares, but no matter who owns it, this enterprise is registered in China, and its main business is also in China, so it is considered as a China enterprise. Moreover, Alibaba is a partner management enterprise. Although Softbank holds 40% of the shares, it only has 40% of the management rights. Softbank has only two seats on the board of directors, and the main members of the board of directors are partners of Alibaba.