Patrick said:
The Australian success was due to the socialist program of state back athlete development.
Doubtful. The Chinese have a socialist program, and didn't come anywhere near proportionately. The success was due to the skill and spirit of the australian athletes and trainers.
Australia is a lot richer/ per capita than China. I think I read that each gold medal for Australia costs the taxpayer $20 million. This ratio may have improved after the last games.
The institutes are quite ruthless, they will spend a fortune on developing elite athletes, but only if they show gold medal potential. If their results indicate they aren't potential gold medal class, they are dropped.
Don't forget, also, that racially or culturally or socially, Asians don't appear to excel at the sports that are favoured at the oympics.
Eg, Australians, as they live near the coast, tend to concentrate on swimming. The weather is mild, so riding, sailing, rowing, etc, are also popular. (don't expect too many medals at the winter olympics). Track is not a strength, as the Americans tend to have the black athletes seem to dominate running, for example.
The Asian body appears to be tuned towards smaller size and endurance, or skill, such as table tennis, diving, martial arts, etc.
Culturally, I don't think sailing and equestrian events, for example, are culturally or socially available to many Chinese.