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China
(2015)
Within this Bachelor Thesis the Chinese economic development with begin of the economic boom until today are described. With focus on the Austrian Business Cycle Theory by Ludwig von Mises and Friedrich Hayek the questions why and how economic bubbles develop are investigated and similarities between countries who experienced economic bubbles in the past and China analysed. The conclusion of the research is that the Chinese real estate market has indeed been caught in a boom-and-bust cycle and is at the moment going through recession. A future reoccurence of an economic bubble in China is possible.