by-business

Artificial credit expansion — credit not funded by savings — creates the business cycle by spawning capital malinvestment.

虚假信贷膨胀——不通过储蓄创造出来信贷——通过制造了大量资误投资而导致了商业周期。

Corporate crime—committed by businesses—should not be confused with white-collar crime, which refers to the occupation of the perpetrator and may be directed against a business.

公司罪不应与白领罪混淆，后者指罪者职业，其罪行可能针对企业。