Gold draws the crowds at a shopping mall in Beijing in February 2011. China’s economy has enjoyed the effects of three generations’ savings being released at once. Photo: Xinhua

Why China’s economic boom will never be repeated

Po Chung says the collected wealth of generations fuelled past explosive growth in the likes of China and the US, and planners must realise that so much capital will never again be available and spent at once

Topic |   China economy

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Gold draws the crowds at a shopping mall in Beijing in February 2011. China’s economy has enjoyed the effects of three generations’ savings being released at once. Photo: Xinhua
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