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Going for gold; Beijing's economy.(Beijing's Olympic slump)

Beijing's lonely shopper

The Olympics have not brought Beijing's businesses the boom they hoped for

YABAO ROAD in Beijing's embassy district is normally bustling. Russian traders scour its wholesale shops for furs and boots. Hawkers throng the pavements. The street is jammed with taxis and pedicabs. But the Olympic games have begun. Yabao Road is now strangely quiet.

Only a few months ago many shopkeepers, restaurants and hotels were expecting these to be boom times as big-spending foreigners flocked in for the games. Today many businessmen in and around the capital are disgruntled. So too are other citizens who find that even some outdoor food markets have been ...

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