spent a night at the pekin in la paz and found it to be a good budget choice. at a sliver under $40 a night the pekin offers clean tho spartan accomodations w/ a great location across the street from the beach. there´s a chinese restaurant on the first floor and the hotel rooms occupy the upper part of the structure. decorated in a rather garish chinese theme the hallways are strewn w various buddha statues and plastic flowers. the rooms are smallish (i was in 109) but clean. the bed was hard but adequate for a short stay. internet is available at 15 pesos (about a dollar) per hour. slow connection however.
the place is fine tho marginal but for budget travelers it offers good clean no frill digs w a great location.

The Pekin is a great value for being right on the water on the malecon. Ocean rooms have great views with good people watching. The hotel is clean with air , cable and phone. They don't speak english very well, but they have a very funny son who does and will help you translate if he is around. We walked everywhere and great food, shopping and beaches are all right there. Paid $50 a night, and they even did our laundry for us!
I will stay there again for sure.

I thought the rooms were ok and the food ok but was really disturbed that a seafront restaurant would serve shark fin soup. Here they are making money of being in front of the bay and they don´t even take the simple step of removing this highly endangered species from their menu. It is like serving panda. When I asked the waiter if he would let me talk to the manager about this problem he was very rude. I am bilingual in English and Spanish and he was rude to me in both languages. I wouldn´t go back....ever.

The room rate is now $39 a night. At the previously stated $16 it would have been fine, but it was a little too basic for the price. Room was clean but every 15 minutes, a piece of equipment that sounded like grinding ice followed by a whining puppy emenated the room. The puppy part was kind of funny the first 20 times.
Location remains very good and to be fair you might not find a better deal on the Malecon.