BriefTea
Every story in sixty words
Get the free app no ads · no paywallExplained in plain English
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.
Stories that explain this
China's former premier Zhu Rongji, who helped turn China into a powerhouse, dies at 97Related explainers
What is an 'economic czar'? What does a premier do? What's the World Trade Organization? Will AI become more expensive globally? How to become a senior developer? Why does China affect UK jobs? What is China doing about AI? Why does China dominate?The full catalogue
Browse every card filed under C →We would like to count visits and see which links bring readers here. That means storing a random ID in your browser. No cookies, no ads, no profile. How it works.