Unbalanced Zhu Rongji reforms continue to haunt China
Los problemas a los que se enfrenta hoy Pekín son los asuntos pendientes de la revolución económica que inició el fallecido ex primer ministro
China will remember Zhu Rongji, who died last Wednesday, as the most influential economic leader at a decisive moment in its rise. Zhu strengthened Beijing's tax collection and later achieved entry into the World Trade Organization (WTO), two milestones that fueled decades of growth, but created a model overly dependent on land sales and exports. Correcting these systemic shortcomings in an economy worth €17.2 trillion requires no less boldness.
Translated by urgent.news. Machine-written — may contain errors; check the original before relying on it.
