HONG KONG -- Three years ago, on Nov. 11 -- the date of Singles' Day, the Alibaba-led shopping extravaganza -- Jack Ma released a short film. A slick, 22-minute production titled "Gong Shou Dao," it follows the diminutive Ma as he encounters a series of ever-more towering opponents, from screen idol Jet Li to a Mongolian sumo wrestler.

Most read in 2020
Jack Ma vs. the Party: Inside the collapse of the world's biggest IPO
The charismatic founder has long clashed with China's leadership. It was only going to end one way