For those of you who may have sunk millions of dollars on Beijing gasoline arbitrage schemes based on the price figures we originally reported in Kudos to Beijing: Gasoline & Diesel Prices Increased, we apologize, but, of course, can assume no liability for your losses in such a foolish venture. If you’re interested we’ve update [...]
Correction
October 22nd, 2008 · No Comments
Tags: miscellany
Lies, Damn Lies
October 22nd, 2008 · No Comments
China loves the plan and the percentage. It embraces “scientific development” and numerical goal-driven government. And yet numbers in China are frequently untethered from the reality they are supposed to represent. Subordinates have generally felt free to tell their superiors what they think the superior wants to hear because of the lack of an effective [...]
Tags: Uncategorized


