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Discusses the reasons behind Beijing's dual central business district. Background on China's transitional economy; Emergence of a real estate market; Suggested locations for a central business district; Spatial separation of domestic and internationally oriented activities; Locational choices of organizations.

Examines the effects of recent urban planning, of industrial, commercial, and transportation development, and of housing construction on the morphology of the city of Beijing, China. Transformation of Beijing from socialist city of undifferentiated low-rise districts to a high-rise metropolis; Elements of change; Blend of urban-planning ideals with traditional and socialist Chinese urbanism.