You are looking at the HTML representation of the XML format.
HTML is good for debugging, but is unsuitable for application use.
Specify the format parameter to change the output format.
To see the non HTML representation of the XML format, set format=xml.
See the complete documentation, or API help for more information. 
<?xml version="1.0"?>
<api>
  <query-continue>
    <recentchanges rccontinue="20150129032443|186" />
  </query-continue>
  <query>
    <recentchanges>
      <rc type="edit" ns="0" title="キャッシング" pageid="66" revid="195" old_revid="107" rcid="196" timestamp="2015-01-31T09:56:04Z" />
      <rc type="edit" ns="0" title="カードローン" pageid="65" revid="194" old_revid="106" rcid="195" timestamp="2015-01-31T09:49:59Z" />
      <rc type="edit" ns="0" title="家庭の安全・安心" pageid="77" revid="193" old_revid="166" rcid="194" timestamp="2015-01-31T09:39:30Z" />
      <rc type="edit" ns="0" title="アウトドア用バッグの通販" pageid="92" revid="192" old_revid="191" rcid="193" timestamp="2015-01-29T03:55:38Z" />
      <rc type="new" ns="0" title="アウトドア用バッグの通販" pageid="92" revid="191" old_revid="0" rcid="192" timestamp="2015-01-29T03:54:36Z" />
      <rc type="new" ns="0" title="スーツケースを探す" pageid="91" revid="190" old_revid="0" rcid="191" timestamp="2015-01-29T03:46:32Z" />
      <rc type="edit" ns="0" title="革の財布をネットで" pageid="90" revid="189" old_revid="188" rcid="190" timestamp="2015-01-29T03:41:00Z" />
      <rc type="new" ns="0" title="革の財布をネットで" pageid="90" revid="188" old_revid="0" rcid="189" timestamp="2015-01-29T03:38:54Z" />
      <rc type="edit" ns="0" title="男のベルト通販" pageid="89" revid="187" old_revid="186" rcid="188" timestamp="2015-01-29T03:33:39Z" />
      <rc type="new" ns="0" title="男のベルト通販" pageid="89" revid="186" old_revid="0" rcid="187" timestamp="2015-01-29T03:32:53Z" />
    </recentchanges>
  </query>
</api>