China’s Data Quandary: Time To Take Up Golf?

By John Richardson

Carrying on with our theme of just how difficult it is to get reliable information out of China, we heard of an overseas speciality chemicals producer seeking reliable data on growth prospects for a particular province.
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“It contacted the provincial government which put it in touch with an industry association, run by the provincial government,’ said a chemicals industry observer.

“And, of course, the industry association told the exact story they were told to tell.”
It seems to be the case of aiming for the dartboard with the hope of at best hitting the outer metal rim.

If you can convince your boss that this is a good-enough basis on which to invest, make sure you have an alternative career path other than taking up golf for the first time in the hope of winning the US Open.

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