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The Slowdown of the Chinese Economy
Yueqi Song, Yiru Wang, Zhushan Xiang 2019.09.10
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.
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