Guest Post by Hu Jintao: Last week, the leadership of China met in Beijing for the 17th Party Congress. The Congress takes place every five years and the party selects the 350-member Central Committee which leads the Communist Party of China and the powerful Politburo. In a Good Life/People's Republic of China deal, this column brings you the blog of China's President, Hu Jintao.

Good eveling broggers! This Hu Jintao, chairman and chies executive officer of People's Lepubric of China Plc.You plobabry see me and comlades in big shindig we have at PLC Plc HQ this week – where evely five years deregates come to see who has been sacked by Politburo (he, he!). In capitalist/communist China, they also learn investment strategy of moneybags Chinese. It a bit like your Sage of Omaha conference in the good ole US of A (only Wallen Bussett not in charge of country too!) and in olden times our whole bash was super-tip-top-secret. When Mao Zedong was big boss, no one ever aware Communist Party even hold congress until over, but now we communists know if you wanna make a fast buck, you must be a media savvy, so this time lots of press here and I do this brog.

So broggers, what can I leport on 17th Congress? Number one, it's been a riot!

Your Reuters agency say: "In the melee to reach Guangdong Party boss Zhang Dejiang, reporters overturned tables, sent tea cups flying, and prompted the intervention of a handler to prevent one from being trampled." And Zhang not nearly as pretty as me!

When I see decadent western journalist, he scream: "You must be the great chairman, Hu Jintao!" "That me!" I say, as I give him high-five. "Wa-you-wan? Photo op for your Ni Hao magazine? Me on couch, holding Wall Street Journal, drinking my Starbucks and looking like tip-top CEO? Velly good." We do a few snaps and my pless secletaly do story for hack to save him bother. Then I make big speech on "harmonious society" and give a few stock tips. I say buy News Corporation, Google and Starbucks. Avoid Mattel.

Then go to speak to broker and buy a few stocks myself. He tell me no one in West has a "Scooby Doo" what going on in markets, but still wan me buy a few American companies.

What the hell. We have loadsamoney. The modern PLC Plc velcomes capitalism as well as world's free press – as we show with our dealings with Mr Lupert Muldoch's Halper Corrins company. They free to print tour guide on China – and we free to say: "No way Jose! Take out Tiananmen Square!" Velly funny – but that's business, comlades!