Yabaolu is a street and area in Beijing
, running from Chaoyangmenwai to Jianguomenwai. The south part of Yabaolu is home to Beijing Children's Hospital. On the west side of Yabaolu lies Ritan Park.As of 2011 the community has many high rise shopping malls and shops, is a major hub of trade. Previously it was a community of one story courtyards with little activity.
The northern area of Yabaolu is sometimes unofficially named Russiatown, or Russian Market, since the clientele of the shops is mostly foreign, with most of that being Russian, and because the neighbourhood has a high population of Russian traders from Siberia, who are transient. Previously local Chinese people called the traders "da daoye," (S: 大倒爷, T: 大倒爺, P: dàdǎoyé "big trader") while as of 2011 they now refer to them as "hao pengyou" (好朋友 hǎopéngyou "good friend"). In addition to Russian traders, Polish, Ukrainian, former Yugoslav, and other eastern European traders also do business in Yabaolu.