The Basel Ⅲ Framework, hailed as an example of Transnational Regulatory Network(TRN), is supposed to be politically neutral and its distributionless regulatory coordination shall benefit the international community as a whole. However, empirical studies show that the Basel Ⅲ is deeply subject to international relations and the power’s political pressure just as did the Basel Ⅰ/Ⅱ. The degree of implementation varies considerably in different countries, in align with their domestic political and regulatory environments. As a developing country and the largest transitional economy, China shall maintain a rational and scrupulous attitude towards Basel Ⅲ and the way of implementation shall be in proportionate to China’s regulatory environment. Pursuit of the quickly-changing high norms can be hazardous to the profitability and international competitiveness of Chinese banks in the long run