US has increased chances of global economic recession: China

The United States needs to correct its wrong actions if it wants to continue negotiations with China to end a damaging tariff war, China's Commerce Ministry said on Thursday, adding that talks should be based on mutual respect.

The United States has escalated trade frictions greatly, and increased chances of a global economic recession, spokesman Gao Feng said at a weekly briefing, adding that Beijing will take necessary steps to safeguard Chinese firms' interests.