Former Premier Li Keqiang, China’s top economic official for a decade, died Friday of a heart attack. He was 68.
Li was China’s No. 2 leader from 2013-23 and an advocate for private business but was left with little authority after President Xi Jinping made himself the most powerful Chinese leader in decades and tightened control over the economy and society.
Li was dropped from the Standing Committee at a party congress in October 2022 and left office in March 2023, despite being two years below the informal retirement age of 70. Li was seen as a possible candidate to revive then-supreme leader Deng Xiaoping’s market-oriented reforms of the 1980s that started China’s boom. But he was known for an easygoing style, not the hard-driving impatience of Zhu Rongji, the premier in 1998-2003 who ignited the construction and export booms by forcing painful reforms that cut millions of jobs from state industry.
Xi took away Li’s decision-making powers on economic matters by appointing himself to head a party commission overseeing reform. Beijing finally tightened controls in 2020 on debt in real estate, one of China’s biggest industries. That triggered a collapse in economic growth, which fell to 3% in 2022, the second-lowest in three decades.
Li’s reputation for bad luck held as China suffered a series of deadly disasters during his term as premier. Li oversaw China’s response to COVID-19, the first cases of which were detected in the central city of Wuhan. Then-unprecedented controls were imposed, shutting down most international travel for three years and access to major cities for weeks at a time.
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