Chao Yao-tung


Chao Yao-tung was a Taiwanese politician, and economist.
In 1971, Chao helped founded China Steel. He was the Minister of Economic Affairs from 1981 to 1984. Chao then served as chairman of the Council for Economic Planning and Development until 1988. Alongside Li Kwoh-ting, Chao became known for his influence on the Taiwan Miracle.
Chao Yao-tung died of multiple organ dysfunction syndrome on 20 August 2008, at the age of 92.