Juliana Liu

There are new details today in a major political scandal in China. The case of Bo Xilai, the once powerful Chinese official who was fired from the government as part of a murder investigation.

Imagine if the U.S. Economy grew at 8.1 percent a year instead of the 3 perecent we've been living with. But in China this means slower growth recorded in the first three months of the year.

Brazil, Russia, India, China and South Africa concluded their one-day summit in China today. The so-called 'BRICS' countries are calling for changes to the global financial syste.