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Chinese President Xi Jinping, left, and former President Jiang Zemin had different approaches to the economy. (Nikkei montage/Getty Images/CCTV/AP)
China up close

Analysis: Jiang Zemin was almost fired before embarking on market reforms

The drastic turnaround that put China on a growth surge has lessons for Xi

KATSUJI NAKAZAWA, Nikkei senior staff writer | China

Katsuji Nakazawa is a Tokyo-based senior staff and editorial writer at Nikkei. He spent seven years in China as a correspondent and later as China bureau chief. He was the 2014 recipient of the Vaughn-Ueda International Journalist prize.

Ten years ago, a reliable Chinese source revealed a little-known secret about former Chinese leader Jiang Zemin, who died last week at the age of 96.

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