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chain finance (SCF) in alleviating those constraints, with the focus on a large emerging market: China. Using the panel data … listed SMEs in China show significant cash–cash-flow sensitivity, and financing constraints are prevalent. We document that … difficulties of SMEs in China at present, with much of the extant literature concentrating only on specific financing mechanisms …
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dilemma of acquiring formal financial support in emerging economies such as China. However, this may lead to structural …
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