Many Chinese employers know that experience is more important than paper qualifications

I find that interesting given how the chinese themselves put so much emphasis on paper qualifications. Lots study for a MA abroad after doing a degree overseas, or in China. Many unis in the UK are crammed with post grad chinese students.

There may well come a day in China when a MA is a requirement for the public sector for foreigners, but I personally reckon that wont be for a long time yet.

Regards
SMGS