Former Chinese premier Zhu Rongji, whose market reforms helped drive the country’s extraordinary economic rise, died on Wednesday at the age of 97. Zhu became premier in 1998 and swiftly lived up to his reputation as a hard-hitting free marketeer. Among his best-known reforms were a broad programme to privatise unprofitable state-owned enterprises, the privatisation of urban housing and the promotion of home ownership. He passed away from illness in Beijing late Wednesday morning “after medical treatment failed to save him”, state news agency Xinhua reported. “The life of comrade Zhu Rongji was a life of revolution, a life of struggle, a life of glory,” an obituary jointly issued by China’s…
Former Chinese premier Zhu Rongji dies aged 97
Advertisement
Leaderboard ad — 728×90
Advertisement
In-article ad — fluid
This is a curated summary. The full report, with all details and context, is available from the original publisher.
Read the full story at DawnHeadline, summary and image are © Dawn and are shown here under standard aggregation practice with full attribution. News Inspection does not claim ownership of this reporting.
