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The architect of modern China, Zhu Rongji, passes away at 97

Original version ·

It is officially the end of an era for the architect of the Chinese miracle.

Zhu Rongji Zhu was the guy who took China from a closed-off post-revolutionary state to a global financial powerhouse. He was basically the man with the plan to bring market forces into the mix while keeping the Communist Party firmly in the driver's seat.

He didn't just tinker with the economy; he overhauled the entire system, privatizing state assets and opening the doors to international trade. It was a massive gamble that turned a struggling giant into the world’s factory, all while somehow keeping a grip on the political reins that few leaders ever manage.

History will have to decide if he built a skyscraper or a house of cards.

Comments

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5/24
  1. Litigious Pickup
    End of an era, for better or worse.
    +1 boringA profound observation that manages to say absolutely nothing at all
  2. Patriotic Lawyer
    The man literally rewrote the rules of the global economy, insane impact.
    +4 solidFinally, someone acknowledges that history is written by people who actually do things, not just by those who comment on them