TITLE:
The Slowdown of the Chinese Economy
AUTHORS:
Yueqi Song, Yiru Wang, Zhushan Xiang
KEYWORDS:
Change in Chinese Economy, General Trend in GDP, Investment, and Consumption, Solow Model, Policies
JOURNAL NAME:
American Journal of Industrial and Business Management,
Vol.9 No.8,
August
15,
2019
ABSTRACT:
We have studied the data representing the change in the Chinese economy
and have found that there has been a significant change in the composition of
the economy. We have discovered general trends on GDP, Investment and
Consumption based on the data and accounted for the unexpected changes
during the 1990s period. To account for the decrease in the composition of
investment, we have used the Solow model to represent China’s development
reaching the steady state of the economy. We realised there is a noticeable
amount of policies being implemented and we discussed their impacts on the
effort to restore the development of the economy.