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open-door policy

open-door policy

1 4.3
A way of allowing foreign companies to trade on the same terms as local companies
  • noun
  • /ˈoʊpənˌdɔr ˈpɑlɪsi/
translation icon : política de puertas abiertas
  • Critics argue that an open-door policy is essential for economic growth by ensuring fair competition for all companies.
  • reforms and an open-door policy
  • Deng Xiaoping's open-door policy

Examples

  • 15 June 1989: A senior Chinese official pledges to continue China's open-door policy, calling for "expansion of business ties with the outside world and stable growth in exports."

    Academic text (1990)
  • The open-door policy adopted by Chinese leader Deng Xiaoping in 1978 made China an attractive place for U.S. investment and trade.

    Academic text (2002)
  • At first, Lee continued his predecessor's open-door policy toward the mainland.

    Academic text (1999)
  • These were deeply encouraged by the open-door policy when Western ideas, along with Western goods, poured into China.

    Academic text (1992)
  • Southeast Asian countries, of course, are not exceptions, especially after their open-door policies for foreign investments were initiated.

    Academic text (2002)
  • China's economy began to take off in the 1980s after Deng Xiaoping initiated economic reforms and an open-door policy.

    Academic text (2000)
  • The government's open-door policy has allowed foreign businesses to thrive alongside local firms.

  • Many countries have adopted an open-door policy to promote trade and attract global investment.

Synonyms

open door
vsopen-door policy
3 7.2

A way to let many countries trade equally with one country, used for China in the late 1800s

is a general policy allowing equal foreign business competition in modern trade

Antonyms

17 7.0

A government policy that helps local businesses by making foreign goods more expensive or limiting imports

How Open

free trade
57 3.5
open-door policy
1 4.3
protectionism
17 7.0

Surface Forms

Morphology

open-door + policy

The meaning 'a policy that encourages accessibility and approachability' is directly inferable from combining 'open' + 'door' with 'policy' — the 'open-door' image transparently conveys accessibility. This construction is common across languages and uses frequent words, so a B1 learner who knows the constituents would very likely understand the MWE.

Etymology

The phrase open-door policy comes from the simple image of keeping a door open so merchants from other countries can come in and trade freely. That's why it means a rule that gives 'equal trade opportunities' to foreign businesses.