The Comparison of Shadow Banking System Between in US & China: Definition, the Formation Way, Reason for Lack of Regulation, the Development, and Shadow Banking System

In recent years, shadow banking has been one of the hotspots of attention in the financial field both at home and abroad, and along with the gains, shadow banking also faces many problems, such as risk potential, regulatory challenges, sources of funds, and protection of investors and so on. However, there are differences in the way shadow banking develops according to domestic and foreign national conditions, economic conditions, and development methods. This article analyzes shadow banking in China and the United States, respectively, and the work compares and analyzes the differences between shadow banking in China and the United States and describes the prospect of shadow banking development. Finally, the work also discusses the relationship between shadow banking and the current hotspots and provides an outlook on the development of shadow banking.