Former Chinese premier Zhu Rongji dies aged 97

Former Chinese premier Zhu Rongji dies aged 97

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...

Original Source

Read the full article at Dawn →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.