衰退 Traditional form: 衰退 Pinyin (reading): shuāituì Definitions: to decline to fall to drop to falter a decline recession (in economics) Characters: 衰 - weak, feeble; to decline, to falter 退 - to retreat, to step back, to withdraw Traditional characters: 衰 - weak, feeble; to decline, to falter 退 - to retreat, to step back, to withdraw