This book explores the strategic and gradual path of China's financial opening as a sophisticated multi-objective decision-making process. By synthesizing China's historic achievements in major-country financial development, the volume decodes the unique trajectory and "trial-and-error" approach that have shaped its integration with the global economy.Drawing on theoretical and empirical research, the author distills critical lessons from both major economies and emerging markets. The book meticulously examines the optimal sequencing of liberalization and the internal conditions necessary for stability, offering a clear roadmap for China's future financial integration.An essential resource for students, academics, economists, policymakers, and institutional investors, this work provides indispensable insights into the balanced choice between market orientation and systemic resilience in the world's second-largest economy.
