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December 12, 2006

China is updating and adopting new "life tables" (actuarial tables) for life insurance companies. The companies base their rates and other product variables on the statistical forcast data in these tables. The data has changed considerably since the old tables were based on 1990s census records. | A U.S. trade delegation of 218 members, led by Minnesota Governor Pawlenty, visited Shanghai in Nov. 05. Agriculture, education, renewable energy, healthcare, and mining industries were strongly represented. It was the largest trade delegation yet to visit China. More Minnesota trade news. | The World MBA Fair visited Shanghai, bringing representatives and information from more than 100 of the world's top business schools to present their business academic programs to prospective students. The MBA Fair has toured 50 cities in 40 countries. | The 2008 Beijing Olympics mascots, the "Fortune Babies", are very popular already in Shanghai. There are 5 mascots that are very cute and worth having a look.