Analysing China, warts and all

With its economy embattled and investors fleeing in droves, getting good data on China has never been more important. There are some great analysts and research shops out there. But too many China-facing reports suffer from a lack of imagination, groupthink brought on by a fear of irritating Beijing and an over-reliance on state data. That must change.

In late 2004, David Murphy was working as the Beijing bureau chief of the Far Eastern Economic Review. A once-venerable Asia current-affairs title, by now owned by Dow Jones, it had been stripped back to a skeletal writing staff. Murphy had one foot out of the door: plans with friends to open a bar in the Chinese capital were at an advanced stage when he fielded a call from Gary Coull.

The Canada-born Coull was a striking character, an old-school thinker and do-er.

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