Reaping havoc or wreaking havoc

A native of Sao Paulo, Shindo came to Wuhan in 2013 to pursue his bachelor's degree in international relations at Hubei University after securing a scholarship from Confucius Institute at Sao Paulo State University. After completing his graduation, he is currently planning to pursue his master's degree in Wuhan. … [Read more...] about Across China: Brazilian student’s love affair with Wuhan

It is said that once, Narada decided to conduct a yaga for the welfare of mankind. The Brahmins, Indra and other celestial beings were present, and everything proceeded according to the Vedic dictates. But owing to a slip in the mantra chanting, there arose a fiery goat with a fearful form from the Agni in the yaga. In great anger, it made a thundering noise and everyone around became frightened. It looked as if the goat wanted to punish those who performed yagas without understanding the inner meanings of the Vedas. … [Read more...] about Muruga becomes Ajarooda

Public pensions-the Public Pension Fund and the Social Security Fund-are the main pension pillar, accounting for about 74 percent of the total scale. It will be a huge challenge to maintain its sustainability as China ages more quickly over the next 30 years. The second pillar-the enterprise annuities and occupational annuities-is comparably less developed, with a size of $480 billion, about 26 percent of the total and covering only 3 percent of the workforce. And the third pillar-individual private pensions-is still in its infancy. KPMG research suggests that the structural reform of China's pension system is imperative, and the aging population will be propelling an increase in demand for investments with sustainable returns and alternative solutions that provide long-term benefits. … [Read more...] about Plan to ease the pension pressure