1995 honda bali 50cc loss of power?

My little Honda bali has a strange problem, when I travel at full throttle for more than 15 seconds or so (about 45mph) within about five minuets of starting it up and riding, it will gradually loose all power and come too a stop. If the engine has been running for a while it seems to be ok. I have inspected and cleaned the carb and fuel lines and replaced the auto choke, I have also checked the spark plug for any tell tail signs for obvious reasons. I'm at a total loss at the moment and can't figure it out. Cheers for any help.

Hi so this now 19 year old little 50 cc engine has decided it has given of it's best and now wants to die. Well am i surprised not really. It must have covered some miles or kilometers in those 19 years. In my book that is one remarkable machine used and abused by several owners usually never actually had regular services. So now it is simply worn out.

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