The banking sector in China plays a crucial role in the country’s economic development and financial stability. Over the past few decades, China has experienced rapid economic growth, with significant transformations in its financial system. One of the central aspects of this transformation is the competitive dynamics within the banking sector. Understanding these dynamics is essential for policymakers, investors, and scholars who aim to enhance the efficiency and stability of financial markets. This review article delves into the spatial econometric analysis of competition in China's banking sector and examines the various factors influencing this competition.
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