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This book argues that the interplay between the pro-opening coalitions and dissenting parties has been central to the policymaking process. Financial opening has not only been driven by central bureaucratic actors, but also by financial industry interests and the local authorities of financial centers acting in concert as coalitions.

Produktbeschreibung
This book argues that the interplay between the pro-opening coalitions and dissenting parties has been central to the policymaking process. Financial opening has not only been driven by central bureaucratic actors, but also by financial industry interests and the local authorities of financial centers acting in concert as coalitions.

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Autorenporträt
Yu-Wai Vic Li is an assistant professor in the Department of Social Sciences at the Education University of Hong Kong. He specializes in international political economy and focuses on China's financial opening and renminbi internationalization, and the East Asian politics of financial regulation since the 2008 crisis.