Alibaba condemns FT report on firm’s alleged PLA ties as ‘completely false’, ‘malicious’

Alibaba condemns FT report on firm’s alleged PLA ties as ‘completely false’, ‘malicious’

“The assertions and innuendos in the article are completely false,” an Alibaba representative said. “We question the motivation behind the anonymous leak, which the FT admits that they cannot verify.” The Alibaba representative called the article a “malicious PR operation” that appears to “undermine President Trump’s recent trade deal with China”. Hangzhou-based Alibaba owns the…

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Xi-Trump meeting sparks optimism in China — but many wonder what comes next

Nikkei 225, Kospi, Nifty 50, China retail sales

Tourists visit the Nanjing Road Scenic Area in Shanghai, China, on October 20, 2025. Nurphoto | Nurphoto | Getty Images Asia-Pacific markets slid Friday, tracking losses on Wall Street, as technology stocks continued to come under pressure and Fed rate-cut doubts swirled. Japan’s benchmark Nikkei 225 index lost 1.85%, while the Topix slid 1.03%. Tech…

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