BEIJING: China and the United States agreed to hold high-level trade talks in early October in Washington, China's commerce ministry said on Thursday, amid fears that an escalating trade war could trigger a global economic recession.
The announcement followed a call earlier in the day between China's Vice Premier Liu He and U.S. Trade Representative Robert Lighthizer and U.S. Treasury Secretary Steven Mnuchin, the Ministry of Commerce said in a statement on its website. China's central bank governor Yi Gang was also on the call.