SLOW RECOVERY FOR CHINA'S ECONOMY

China's economic slowdown will continue in the first half of 1990, but a gradual recovery in the second half of the year will lay the basis for steady growth in 1991, the Asian Development Bank says. China's real gross national product growth declined sharply to 4.0 percent in 1989 as an austerity policy took effect. The bloody suppression of the pro-democracy movement last June caused a halt in foreign loans and a decline in tourist receipts - $1 billion against $1.5 billion in 1988.

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