This Palgrave Pivot investigates how the Chinese and American financial systems are becoming increasingly interdependent, in spite of a simultaneous technological rivalry and ‘decoupling’ between the two nations.The book offers a comparative analysis of Sino-US financial systems before and after the financial crisis, demonstrating the deepening integration of China into global financial marketsand its move from an indirect bank-based system towards a direct market-oriented system. It discusses the economic and technological competition that has arisen between the US and China, the two...