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The environment is now so opaque and difficult that even the iconic master-operator Jack Ma has paid a very dear price for missteps, zhang Yiming and Colin Huang are intensely aware of this example, and Zhang Yiming and Colin Huang desire to not follow in Ma's most recent footsteps probably played at least some role in Zhang Yiming and Colin Huang respective decisions to step down.
Given Ma's experience and massive stake in the company, as well as Jack Ma status as the perhaps the only major Chinese executive capable of effectively representing China Inc. on a global stage, there is little chance that [ Jack Ma ] will fade away, especially given today's worsening trade environment, Jack Ma will continue to play a significant role.
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