Former Chinese Premier Zhu Rongji Dies at 97
The Story
Zhu Rongji, the former Chinese premier credited with guiding China toward a market economy and into the World Trade Organization, died Wednesday in Beijing. He was 97. Xinhua, China's official news agency, announced his death without citing a cause, stating only that he died after medical treatment failed. Zhu, who served as premier from 1998 to 2003, was known for his role in liberalizing the Chinese economy and making it more internationally competitive. His initiatives propelled rapid growth in China, though his measures also contributed to issues of excessive debt and trade surpluses. Zhu's reforms included privatizing state-owned enterprises and urban housing, and promoting home ownership. He was instrumental in negotiating China's entry into the World Trade Organization in 2001. Hong Kong's Chief Executive John Lee Ka-chiu expressed sorrow, stating Zhu supported Hong Kong's economic and social development and its prosperity as an international financial center. Lee recalled Zhu's 2002 visit to Hong Kong, where he encouraged leaders to spend fiscal reserves if necessary and expressed confidence in Hong Kong bonds. Zhu's tenure followed Deng Xiaoping's market reforms and occurred after the 1989 Tiananmen Square crackdown. He worked under Jiang Zemin and was vice premier starting in 1991.
The Spread
What they agree on
- Former Chinese Premier Zhu Rongji died on Wednesday.
- Zhu Rongji was 97 years old at the time of his death.
- His death was announced by Chinese state media.
- Zhu Rongji played a role in China's economic reforms and transition to a market economy.
- He oversaw China's entry into the World Trade Organization.
Where they split
- Some sources state Zhu Rongji was 98 years old, while others report he was 97.
- Coverage varies in the emphasis placed on Zhu Rongji's specific reforms, such as privatization of state-owned enterprises versus housing reforms.
- Some outlets include details about Zhu Rongji's early political career and purges, while others focus solely on his premiership.
- The Hong Kong Free Press and Caixin Global articles focus on unrelated Hong Kong-specific news rather than Zhu Rongji's death.