Zhu Rongji, former Chinese premier, dies at 98
Former Chinese Premier Zhu Rongji, a key architect of China's economic reforms, has died at the age of 98.
Zhu Rongji, who served as China's premier from 1998 to 2003, died on Tuesday at the age of 98, state media reported.
Zhu was a prominent figure in China's economic transition during the late 20th century, overseeing major reforms that reshaped the country's financial and industrial sectors. His tenure was marked by efforts to modernize state-owned enterprises, curb inflation, and integrate China into the global economy.
Born in 1928, Zhu rose through the ranks of the Communist Party of China, holding roles in regional and central government before ascending to the premiership. His policies, including fiscal austerity and market-oriented reforms, laid the groundwork for China's subsequent economic growth.
Zhu's death was confirmed by Xinhua News Agency, which did not provide additional details regarding the circumstances. Tributes poured in from Chinese officials and state media, highlighting his legacy as a reformist leader who navigated China through a period of significant transformation.
Helena covers corporate news for listed and private companies across Europe, from strategy shifts to leadership changes, with an eye for what a story signals about the broader market.
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