How did other nations feel at first about Hay’s idea of an Open Door Policy? Why did they change their minds?

Open Door policy, statement of principles initiated by the United States in 1899 and 1900 for the protection of equal privileges among countries trading with China and in support of Chinese territorial and administrative integrity. The statement was issued in the form of circular notes dispatched by U.S. Secretary of State John Hay to Great Britain, Germany, France, Italy, Japan, and Russia. The Open Door policy was received with almost universal approval in the United States, and for more than 40 years it was a cornerstone of American foreign policy in East Asia.

Explanation:

what are local authorities doing to fix the problem

explanation: what are local authorities doing to fix the problem

the government closely monitored its finances to avoid another financial collapse.