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How did China become an economic powerhouse?

China's transformation into an economic powerhouse involved a long process of reforms, with Zhu Rongji playing a key role. He moved the country away from a centrally planned system, where the government controlled everything, towards a more market-oriented economy. This meant allowing more private businesses, encouraging foreign investment, and integrating China into the global trading system, notably by joining the WTO.

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China's former premier Zhu Rongji, who helped turn China into a powerhouse, dies at 97