A textile factory in China's eastern Jiangsu province. More and more entrepreneurs on the mainland are ready to give up majority ownership and control of their companies. Photo: AFP

More China buyouts for foreign private equity as entrepreneurs struggle with succession

Competition and technological developments have also prompted first-generation businessmen to look for professional advice and management skills

Topic |   Investing

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A textile factory in China's eastern Jiangsu province. More and more entrepreneurs on the mainland are ready to give up majority ownership and control of their companies. Photo: AFP
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