Isaac Scientific Publishing

Journal of Advances in Economics and Finance

The Business Cycle and Economic Crisis—When Will China Experience Them?

Download PDF (2365.6 KB) PP. 60 - 78 Pub. Date: May 10, 2019

DOI: 10.22606/jaef.2019.42003

Author(s)

  • Yueyun (Bill) Chen*
    University of the West, Los Angeles

Abstract

This paper gives a brief historical review of the business cycle and economic crisis-its theories and experiences. It focuses on whether China may soon experience the business cycle and economic crisis. Based on comprehensive analyses, it concludes that China may start experiencing the business cycle from the year around 2025-2027 and then experience the economic recession and even economic crisis thereafter. It further discusses what China can learn from other countries’ similar experiences and what it should do to lessen potential negative effects.

Keywords

Business cycle, economic recession, economic crisis, China’s economy

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