A Comparative Study on the Short Selling Mechanism of Capital Market Based on the Perspective of China-U.S.Strategic Competition
China-U.S.relations are the most important inter-country relations in the world.Within a wider context of the once-in-a-century changes,finance as the commanding height of modern economy,the intensified competition between big countries has increasingly turned to non-traditional economic and financial fields in recent years.Since 2021,Chinese stocks in the U.S.have been continuously suffered from short blow,which has seriously affected China's overseas financial interests.This paper first analyzes the development history and the underlying mechanism of the China-U.S.relations,especially the Biden administration's policy towards China.Then the paper compares and studies the short-selling subjects,short-selling modes,regulatory systems,possible risks of the short selling mecha-nism of the U.S.-China capital markets and the impact on China.The research in this paper provides theoretical support for how our country can always maintain its determination in the face of a complex and volatile international environment and effectively respond to the continuous suppression by shorting in the capital market of the United States.
China-U.S.CompetitionShort Selling MechanismMargin TradingRegulatory System