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CHINA ECONOMY
RTRRN2F
20 Oct. 1999
Chinese enjoy a warm autumn day at an open-air cafe... more
CHINA ECONOMY
RTRRN2F
20 Oct. 1999
Beijing, China - Peoples Republic of
Chinese enjoy a warm autumn day at an open-air cafe in front of a cone-shaped glass building in the revamped Xidan shopping district in central Beijing October 20. Most of the traditional shopping areas in the Chinese capital are being renovated to attract customers. China's economy grew a respectable 7.4 percent in the first nine months of 1999, but there was no end in sight to stubborn deflation which has now stretched into two full years, data released on Tuesday showed. Overall, China's growth is still reliant on huge government infrastructure spending.

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