<p style="line-height: 18.9091px;">Warburg Pincus' former head of China and North Asia, Chang Sun, is not launching an agriculture-focused private equity fund. Instead, Sun has turned himself into an entrepreneur, starting an agriculture business to cultivate staple grains in China's Heilongjiang province, he told China Money Network in an exclusive interview today in Hong Kong.</p>
<p style="line-height: 18.9091px;">The formal Warburg Pincus executive, who left the private equity giant last summer after a 20-year career and was previously at Goldman Sachs' investment banking division, sees great opportunities and urgent need to improve the productivity and efficiency in how China produces its grains.</p>