Chris Coleman has replaced Manuel Pellegrini at Hebei China Fortune on a Â£3.5m a year deal.
But ex-England boss Allardyce said: â€œI got offered that job too I refused to go to china. I want to enjoy my life. I coudn't see myself enjoying the life outside football.
"The money was massive."
Coleman took the job after leaving Sunderland following their relegation to League One.