Asian movie in the end a man becomes a donkey

Hi! I saw this movie in the mid 2000’s at home but I think it’s older. I barely remember it, but what I know is this:
It is a live-action, probably Japanese or Chinese. It was very colorful and had to do with some religion that had gods or something like that – important “rulers” that had the power to judge. One of the characters had to do something important but failed, and everything became a mess. In the end, he dies (I think) and the gods allow him to reincarnate as a donkey owned by his best friend (I guess).
I was really little when watched it and it disturbed me a lot, so I’m assuming it was not a children’s movie. But now that I’m grown, I wanted to rewatch it and finally understand what it really is about.

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No, that’s not it… the film is older, like from the 70s, 80s or 90s. Or maybe early 2000s I’m not sure

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