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Until now, researchers have not addressed the relationship of competition and investment in China’s telecommunications … to fill this gap by examining the effects of mobile telecommunications competition on mobile network investment in China … mobile network in China; hence, improving the competitive structure by implementing appropriate regulatory policy rather than …
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Using a proprietary dataset from 2016 to 2019, we find that order flows from foreign investors, facilitated by regulatory liberalization through several channels, present strong predictive power for future stock returns in the Chinese market. Most surprisingly, foreign investors possess the...
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