On the Growth Recession of American Economy and Its Impact on China

American economy has been in a state of depression for more than a year, which has led to the weakness of the economy all round since American economy takes up approximately 30 percent of world economy. When people all over the world are expecting for a better economic situation, it is essential to pay more attention to the future trend of American economy. This thesis begins with an introduction to the present economic condition in America, and analyses its future trend by applying the conception growth recession developed by World Bank. Finally, a discussion about its impacts on the economy of our country is developed as well.