Ex-Chinese premier and advocate for economic reform Li Keqiang dies aged 68

BUSINESS DAILY © FRANCE 24

Former Chinese premier Li Keqiang died early this Friday from a heart attack at the age of 68, months after retiring from nearly a decade in office. When he took up his post, reformers had hoped Li would initiate bold economic change. Barclays even coined the term "Likenomics" to describe his broad economic vision. Ultimately, Li failed to implement significant reforms and in recent years was sidelined by President Xi Jinping, who steered the world's second-largest economy in a more statist direction. We take a closer look.