China's entrepreneurs look for an exit strategy

China''s booming private sector is still fenced off from the stock market, but some entrepreneurs know a way around.

There is little doubt that Li Qin Fu is a successful entrepreneur. He is the Chairman of Shanghai Matsuoka, which manufactures low cost work wear and runs printing operations. The company is 42% invested by a Japanese company, Matusoka Corporation, and announced third quarter profits of RMB103 million, a 39% increase on the previous period.

Li won his stripes in the 1980s when he was given working capital amounting to just RMB500 $60 by the management of the...

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