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Then again: it does put a lot of information in the little space available and virtually all of that is spot-on. Also the selection of topics is exactly that which is needed on a first reading.
At the moment where I write this (April 2002), some of the info out of the 2000 edition already seems to be referring to a totally different era. Menem no longer is president and neither is his succesor (or his sucessor for that matter). The times where foreignors were desparate to get into the market and Argentines could dictate terms today seem a distant memory too.
Don't let that put you off from buying this book. If you want to obtain a Ph.D. on Argentology, a small volume like this is insufficient. But if you have a (business) interest in Argentina and would like to get to know the essentials fast, this is the book to buy.
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Having lived and taught in China for a few years, I can attest to the accuracy of the content. I even learned a few things myself. This is a good book for someone who needs a quick introduction to the subject of doing business in China. However, for anyone having a position of responsibility in a business venture in China, I would definitely recommend further reading on the subject.
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There are a few useful tips in this little book (mostly about business/social interaction). However, I found that the main cultural differences in business were clear after the first week of being there--no book could have prepared me. India is an incredibly vast and varied country; no one general guide can smooth the transition.
If you're going to India to travel, the lonely planet or eyewitness guides will do you some good (really good if you're planning to visit out-of-the-way places). If you're going to India on business, then I'd suggest simply chatting with your Indian co-workers before or upon your arrival. Most likely they'll give you a better idea of what to expect; also, their advice will be tailored to your type of business and, more specifically, to the people with whom you'll be working.
As with all people and places--we're unique. Allow your Indian experience to be unique too.