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Zhu Rongji Dies
- Former Chinese Premier Zhu Rongji died of illness in Beijing on Wednesday, August 12, 2026, at age 97.
- His position placed him third in the Communist Party hierarchy, behind President Jiang Zemin and Premier Li Peng.
- Zhu led negotiations that secured China’s entry into the World Trade Organization in 2001, opening the economy to global markets.
- His reform program privatized or closed unprofitable state-owned enterprises, causing about 30 million job losses over five years.
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