Financial Liberalization if not equal to the opening of capital account under the WTO.

WTO下的金融自由化与资本账户的放开并非等同。

youdao

Key reforms that would open up the country's financial sector such as the liberalization of interest rates and the opening of the capital account have been put on the back burner, and the timeline for their realization is uncertain.

WSJ: Geithner: China's System 'Damaging' to Trade Partners

Opening up the capital account would attract a lot of hot, speculative money, just as it did in the rest of Asia in the early 1990s.

ECONOMIST: Will China float the yuan, revalue it up a bit, or neither?