Abstract
This research delves into a comprehensive analysis of the banking regulatory systems of China and the United States, highlighting both the convergences and divergences. It aims to understand the profound implications these systems have on the global financial landscape. Recognized as economic powerhouses, the financial regulatory frameworks of these nations are pivotal for ensuring stability and fostering sustainable economic growth. Utilizing empirical data and descriptive methodologies, this paper presents a detailed comparative analysis of the historical progression, underlying philosophies, policy mechanisms, and market reactions of the banking regulations in both countries.Key findings reveal that the United States banking regulatory structure is distinguished by its robust legal framework and industry-specific regulation, while China's system is characterized by its macro-prudential oversight and coordinated financial regulatory mechanisms. The evolution of these regulatory architectures not only charts the financial development path of each nation but also mirrors their economic structures' idiosyncrasies. In terms of strategy, the United States prioritizes regulation's binding nature and the market's self-regulatory capabilities, whereas China reinforces the central bank's leadership within its regulatory framework. The study concludes that an efficient regulatory structure should be tailored to fit the unique context of each country, balancing regulatory rigor with market agility. It suggests that China could benefit from the United States's regulatory insights while upholding its regulatory strengths. The insights contribute to the development and refinement of global financial regulatory policies and serve as valuable references for addressing financial market challenges.
Published Version
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