China's entrepreneurs look for an exit strategy

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 state-run company he was …