China has experienced two major recessions in the past three decades.

在过去三十年中，中国经历了两次大的衰退。

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This was demonstrated in some detail by the late Christopher Dow in his study, "Major Recessions", published in 1998.

已故的克里斯托弗•道(Christopher Dow)在1998年发表的著作《大衰退》(Major Recessions)中详细说明了这一点。

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All recessions have cultural and social effects, but in major downturns the changes can be profound.

所有的衰退都会对文化和社会产生影响，在较大的衰退中，影响就更为深远。

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Historical data from the three major recessions preceding this one certainly supports this argument.

FORBES: Written by Scott Albro

After this point, growth was moderate, at about 3% per year for the long term, with variations in the form of major depressions and recessions and a 23-fold inflation which had no like in the previous epoch.

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With most major economies in East Asia suffering their deepest recessions since World War II, brave is the forecaster willing to say just when the sun will come out -- and how strongly it will shine.

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