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.

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.