From: The effect of equity structure and influence factors on China’s banking cyclical behavior and monetary policy
Cycle order
Period
Duration (years)
1
1953–1957
5
2
1958–1962
3
1963–1968
6
4
1969–1972
1973–1976
1977–1981
7
1982–1986
8
1987–1990
9
1991–2001
11
10
2002–2007
2008-Now