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"A lot of people out of work" - Sao Paulo battles homelessness

02:36 Sao Paulo is Brazil’s richest city... its financial and gastronomic capital. It is also the metropolis with the ​largest number of homeless people in Latin America: 25,000 accord

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Pandemic Watch: Government's efforts starting to take effect in Spain

The past few days have seen a fall in the number of new coronavirus cases in Spain. This slowdown roughly coincides with the first two weeks of the lockdown ordered by the Spanish government on March

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China's leverage in real economy rises in 2019: report

The leverage ratio of China's real economy increased last year, according to a report released by the National Institution for Finance and Development. The overall deb

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Chinese economy not in crisis

​China is not facing an economic crisis but adjusting its economic structure, a Chinese expert said on Tuesday.

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China heading for better-balanced, market-oriented reforms

The latest reform agenda, policies implementation concerned, as well as the widening trading band of the Renminbi against U.S. dollar, are all signals that China is heading for a more-balanced and more market-oriented economic reforms, and the process is benefit the whole world, said experts in London Monday.