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countries and foster development within China. We examine the effect of the Initiative on Chinese cross-border M&As. We find …-owned enterprises and it is more pronounced in firms that are located on the more-developed eastern coast of China. The evidence …
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In this paper, we study the role of Confucius Institute in supporting internationalization of Chinese enterprises. Employing a panel dataset containing 66 Belt-Road countries and 75 non Belt-Road countries from 2006 to 2017, we find that the Confucius Institute has had a positive effect on...
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