Former PBoC governor and Chinese premier Zhu Rongji dies

- Central Banking Newsdesk
- 13 Aug 2026

The former central bank governor and premier of China, Zhu Rongji, who during his time in government oversaw a period of significant economic reform, has died. He was 97.

The Chinese government announced Zhu’s death on August 12 via state media and said that the former premier had passed earlier in the day due to an unspecified illness. He is survived by his wife and two children.

Zhu served as the governor of the People’s Bank of China between 1993 and 1995, and during part of that time he also

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