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Table 1 Business cycles of China

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

5

3

1963–1968

6

4

1969–1972

4

5

1973–1976

4

6

1977–1981

5

7

1982–1986

5

8

1987–1990

4

9

1991–2001

11

10

2002–2007

6

11

2008-Now

8