With Ma pulling further back from the reins of his e-commerce empire after ceding control of Ant Group, all eyes are watching to see if relations with the government can be patched up.

Click here to read the article by Shen Xinyue, Qu Yunxu, Zhang Erchi, Yang Jinxi, Guan Cong and Denise Jia.

Narrated by Cliff Larsen.

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