ger?t Japan im Zuge der Hinwendung deutscher Firmen nach China in der Wahrnehmung der ?ffentlichkeit zunehmend in den …, Japan loses ground in the public?s perception with German companies increasingly moving towards China. Moreover, Germany …

China declined during the past decade, despite these reforms. In this paper, we show both empirically and theoretically that … operating in China during 1996-2008, we show that competition actually increased in the past decade when the PE indicator is … specifications and estimation methods. All in all, our analysis suggests that bank lending markets in China have been more …