Former Chinese Premier Zhu Rongji dies
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Former Chinese Premier Zhu Rongji died on the morning of August 12. Zhu served as the fifth premier of China beginning in March 1998, a period characterized by the country's economic transition toward a market economy under then-president Jiang Zemin. He was involved in the implementation of the "one country, two systems" governing principle following Hong Kong's return to Chinese sovereignty in 1997.
Consequences
The current Chinese leadership maintains the same approach toward the "one country, two systems" principle that was supported by Zhu and Jiang. The transition period in which Zhu operated established the foundational governing framework for the Hong Kong Special Administrative Region.
Sources
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