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Business

Entrepreneurs go back to school to keep up with China

Rapid changes in Asia's No. 1 economy make ongoing education a must

HONG KONG Cai Mingpo's life story is a case study of how self-made entrepreneurs use China's East-meets-West business schools to profit from the ever-shifting landscape of the world's second-biggest economy.

Cai Mingpo (Photo courtesy of CEIBS)

Born into rural poverty in Fujian Province when China was still engulfed in the turmoil of Mao Zedong's Cultural Revolution, Cai was encouraged by a teacher to seek opportunities in France, where he worked as a waiter and studied for a masters degree in management at EMLyon Business School before making his first fortune selling tombstones in Orleans, 130km south of Paris.

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