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Zhu Rongji, Architect of China's Economic Rise, Dies at 98

Zhu Rongji, Architect of China's Economic Rise, Dies at 98
SANJAYOVACHA | Zhu Rongji And His Role In Rise Of 21st Century China | Sanjaya Baru · deccanchronicle.com

Zhu Rongji was a very important leader in China who helped make the country rich and strong.

He studied economics and taught at a university called Tsinghua.

During a hard time called the Cultural Revolution, he had to leave his job and work as a laborer in a village.

Later, he came back and helped build the city of Shanghai into a big, modern city.

He was in charge of China's central bank and helped the country during a big money crisis in Asia.

Then he became the Prime Minister of China and helped China join a big group called the World Trade Organisation, which let China trade with the whole world.

He worked with an American leader named Henry Kissinger to make this happen.

He retired in 2003 and stayed out of the public eye.

He died last week at the age of 98, remembered as a modest man with a huge legacy.

Key facts

Full name
Zhu Rongji
Age at death
98
Role
Premier of China (1998-2003)
Earlier role
Governor of the People's Bank of China
Key achievement
Oversaw China's entry into the World Trade Organisation
City transformed
Shanghai (Pudong New District)
Political mentor
Deng Xiaoping
Retirement
2003; rarely appeared publicly since

Quotes

Henry Kissinger

Former U.S. Secretary of State

“"Why do people support us? Because over the last ten years our economy has been developing… If the economy stagnated for five years or developed only at a slow rate … What effects would be produced? This would be not only an economic problem but also a political one."”
deccanchronicle.com
“"I cannot consider that we can have stability and progress in Asia if China and the United States are in a cold war with each other."”
deccanchronicle.com

Sources

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