Question: Provide in each case a brief explanation articulating why the statement may be true or false. State true or false and then explanation of it

Provide in each case a brief explanation articulating why the statement may be true or false.
State true or false and then explanation of it why

Countries like China and the UK with low bank concentration have more competitive and hence more stable banking systems than countries with high bank concentration like Australia and New Zealand. True or False? (Word limit 300)

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