As China entered into WTO, the domestic financial market started its process to be open to the world.

随着中国加入WTO，金融市场也逐渐开始了其对外开发的进程。

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China has integrated into the global financial market, and domestic financial markets will be further open for foreign financial institutions.

我国已融入全球化的金融市场，国内金融市场将进一步向国外金融机构开放，市场竞争正日益加剧。

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Even their strongest financial firms have capacity limits, and may focus on the rapidly-expanding domestic market for some time rather than going global.

即便是他们国家中最具实力的金融企业，其能力也十分有限，这些企业可能只关注短期快速扩张的国内市场，而非走出国门面向世界。

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But the crisis has laid bare the flaws of Russia's politics, which has failed to diversify the economy, create a domestic financial market or build institutions.

ECONOMIST: Russia's economy

Because they were so heavily protected, Japanese financial institutions monopolized their rich domestic market.

FORBES: Where do you buy your rice cakes?

Default would then be inevitable, and with it damage to both market confidence and the domestic financial system.

ECONOMIST: Now for round two | The