Go read "The Macroeconomics of Chinese kleptocracy "

Today's highly recommended reading is the post over at Bronte Capital entitled "The Macroeconomics of Chinese kleptocracy". An excellent overview of the dynamics of today's Chinese economy and the people who are benefitting from it. John Hempton's blog is always a great read, today he's an essential read.

Here's the link again, to make sure you click through. Now click through.