Thanks to CNN Staff and CNN World for the Headline.
Zhu Ronguji served as premier of China from 1998 to 2003 has died aged 97 due to a short illness.
As a young man he was expelled from the Chinese Communist Party in the 1950’s for criticising the economic policies of the Mao Zedong era and then again purged during Mao’s Cultural Revolution a decade later.
In other words he was a survivor, many others didn’t make it. However with his degree in Electrical Engineering and a strong work ethic, as well as an extreme focus on his task, he progressed through the ranks and after acting as the Mayor of Shangai he was spotted for his approach and recruited by Deng Xiaoping.
Zhu tackled corruption and lethargy in the unwieldly Chinese Centralised Command Economy and introduced China to Global Markets. Perhaps he is the reason we can now buy Chinese Garlic and also Chinese Tomatoes are now used even by the Italians.
The reforms he introduced led to a better standard of living for many Chinese and the growth of middle class aspirations for much of the labour market. He took a lot of Chinese out of poverty.
Modern China as with any Country who concentrates on growth has hit the “wall” just like an elite Marathon Runner. Growth has expanded the economy and perhaps the people are struggling to adjust to it. Certainly entrepreneurship and China’s workforce perhaps hasn’t grown together, Competitive Advantage leaves some behind and leads to jealousy.
China is adjusting and no longer thinks that external growth is the key, nor do they want galloping inflation or a population that cannot feed itself. It would be nice if China still was outward looking and wants to work with other Countries to promote harmony and health for the whole World.
Given the hardships and the difficulties Zhu had to face I think he put China in a position where it can contribute and also work with the West to ensure that Global Peace and Wealth is maintained.
Namaste and Thankyou for Reading.π









