Golden Economy Era Long Gone as China Postal Bank Debuts: Chart

(Bloomberg) -- This first Chinese banks to go public, starting a decade ago, enjoyed some powerful tailwinds from double-digit economic growth. Not so for Postal Savings Bank of China Co., whose debut comes Wednesday. In the last quarter, China expanded 6.7 percent, the same pace as the prior quarter.

To contact the reporter on this story: Jun Luo in Shanghai at jluo6@bloomberg.net. To contact the editors responsible for this story: Paul Panckhurst at ppanckhurst@bloomberg.net, Jake Ulick