We have measured the properties of Z 0 → b b decays using a sample of 944 inclusive muon events, corresponding to 18 000 hadron events obtained with the L3 detector at LEP. We measured the partial decay width of the Z 0 into b b , Γ b b =353±48 MeV , and we determined the vector coupling of the Z 0 to the b quark; g rmv 2 (b)=0.095±0.047. We measured the forward-backward charge asymmetry in e + e − → b b events at √ s ≈ M v , and obtained A b b =13.3±9.9% .