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Former Chinese Premier Zhu Rongji dies at 98 in Beijing

Bloomberg ·

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  1. 1Xinhua reported that former Chinese Premier Zhu Rongji died at the age of 98 in Beijing on Wednesday morning.
  2. 2He oversaw state-owned enterprise reforms that led to tens of millions of layoffs and helped China join the World Trade Organization.
  3. 3Serving as premier from 1998 to 2003, he led the restructuring of troubled state-owned enterprises and the cleanup of banks' non-performing loans.

This 3-line summary is compiled from the report below.

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