Li, Ran; Huang, Yiping - In: Asian Development Review 32 (2015) 1, pp. 90-112
This paper analyzes the effects of foreign bank entry on industrial efficiency in the People's Republic of China (PRC … information asymmetry. We investigate two transmission channels of the policy effects—via an easing of financing constraints and … policy, which protects the state sector but discriminates against private enterprises. While enhancing bank competition can …