Finance official who moved the central bank’s gold to Taiwan, premier in 1954–1958
Born in Xinhui, Guangdong, in 1898, he studied English literature at St. John’s University in Shanghai. As mayor of Shanghai in 1937 he negotiated with the Japanese to keep the conflict from spreading. In 1944 he succeeded H. H. Kung, removed for corruption, as minister of finance, and as governor of the Central Bank from 1948 he moved the government’s gold reserves to Taiwan. After serving as governor of Taiwan Province from 1953, he was premier from 1954 to 1958, offering to resign after the 1957 riot at the US embassy. Impeached in 1958 for refusing to appear before the Control Yuan, he resigned and returned to the Central Bank. He died of an asthma attack in 1960.
Also known as: O. K. Yui · Yu Hongjun
Activities and affiliations
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1937
Republic of China state institutionsMayor of Shanghai
Government and administration -
1944–1948
Republic of China state institutionsMinister of Finance
Economy, finance and planning -
1948–1949
Republic of China state institutionsGovernor of the Central Bank
Economy, finance and planning -
1953–1954
Republic of China state institutionsGovernor of Taiwan Province
Government and administration -
1954–1958
Republic of China state institutionsPresident of the Executive YuanHeads of state, government and party of ChinaMain
Political and party leadership -
1958–1960
Republic of China state institutionsGovernor of the Central Bank
Economy, finance and planning
Career Timeline
- 1937.07.27Mayor of Shanghai
- 1944.11–1948.05Minister of Finance
- 1948.05.21–1949.01.20Governor of the Central Bank
- 1953.04–1954.06Governor of Taiwan Province
- 1954.06.01–1958.07.15President of the Executive Yuan
- 1958–1960.06.01Governor of the Central Bank