Las reformas desequilibradas de Zhu Rongji siguen persiguiendo a 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
Zhu Rongji, a former Chinese Premier, has died at the age of 97. He was a key figure in China's economic rise, introducing several reforms that transformed the country's economy. According to El Pais Economia, Zhu strengthened Beijing's tax collection and successfully led China's entry into the World Trade Organization (WTC), two significant milestones that fueled decades of growth.
Semafor reports that Zhu's reforms included overhauling the tax system, commercializing state banks, and privatizing state enterprises, which resulted in up to 30 million workers losing their jobs. However, this also led to the creation of an urban middle class as Zhu privatized the housing stock.
Zhu's policies have had a lasting impact on China's economy, which is now dominated by large state enterprises. The Semafor report notes that prospects for foreign investors are narrowing, suggesting that Zhu's reforms may not have led to the promised Chinese economic opening.
Brief written by urgent.news from El Pais Economia, Semafor — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.
