Latest News by Industry
BEIJING (AP) — China’s communist leaders eulogized the late leader Jiang Zemin on Tuesday as a loyal Marxist-Leninist who oversaw their country’s rapid economic rise while maintaining rigid party control over society.
President and party leader Xi Jinping praised Jiang in an hour-long address at Beijing’s Great Hall of the People as senior officials and military brass stood at attention.
Xi recalled Jiang’s lengthy political career, emphasizing his role in maintaining political stability in allusion to Jiang’s rise to be top leader just ahead of the army’s bloody suppression of the 1989 student-led pro-democracy movement centered on Beijing’s Tiananmen Square.
Jiang died at age 96, just days after China’s largest street protests since 1989, which were driven by anger over draconian COVID-19 restrictions. Acting to quell the protests, authorities flooded city streets with security personnel and an unknown number of people have been detained.
Those attending Tuesday's memorial observed three minutes of silence and trading was paused on the county's stock exchanges.
On Monday, state broadcaster CCTV showed Xi, his predecessor Hu Jintao and others bowing before Jiang's coffin at a military hospital in Beijing before his body was sent for cremation at the Babaoshan cemetery, where many Chinese leaders are interred.
Jiang led China out of diplomatic isolation over the 1989 crackdown and supported economic reforms that spurred a decade of explosive growth. The economy has slowed as it matures and confronts an aging population, trade sanctions, high unemployment and the fallout from lockdowns and other anti-COVID-19 restrictions imposed by Xi.
A trained engineer and former head of China’s largest city, Shanghai, Jiang was president for a decade, and led the ruling Communist Party for 13 years until 2002. After taking over from reformist leader Deng Xiaoping, he oversaw the handover of Hong Kong from British rule in 1997 and Beijing’s entry into the World Trade Organization in 2001.
Jiang died of leukemia and multiple organ failure on Nov. 30 in Shanghai, state media reported. The party declared him a “great proletarian revolutionary” and “long-tested Communist fighter.”
Hu's appearance was his first in public since Oct. 22, when he was unexpectedly guided off the stage during the closing ceremony of the national congress of the Communist Party.
No official explanation was given, and speculation over his abrupt departure has ranged from a health crisis to a signal of protest by the 79-year-old former leader against Xi, who has eliminated term limits on his position and appointed loyalists to all top positions.
In Hong Kong, officials, lawmakers and judges observed three minutes of silence on Tuesday morning.
The Hong Kong Stock Exchange did not halt trading but its external screens at Exchange Square downtown stopped showing data for three minutes. The Chinese Gold and Silver Exchange, also in Hong Kong, suspended trading briefly to mark the occasion.
An official memorial for Jiang drew large crowds over the weekend, mostly older Hong Kongers who have seen Hong Kong's transition from British to Chinese rule. The handover was made with a pledge by China that Hong Kong would maintain its own social, economic and legal systems for 50 years.
A sweeping crackdown on freedom of speech and assembly, electoral reforms that effectively eliminated the political opposition and the imposition of a draconian National Security Law under Xi have drained most of the substance from the “one country, two systems" framework as promised under Jiang.
___
Associated Press reporter Kanis Leung contributed to this report from Hong Kong.