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="20110812200002|74" />
  </query-continue>
  <query>
    <recentchanges>
      <rc type="edit" ns="0" title="Test" pageid="25" revid="61" old_revid="60" rcid="84" timestamp="2014-10-21T21:55:59Z" />
      <rc type="new" ns="0" title="Test" pageid="25" revid="60" old_revid="0" rcid="83" timestamp="2014-10-21T21:54:43Z" />
      <rc type="edit" ns="0" title="Main Page" pageid="1" revid="59" old_revid="54" rcid="82" timestamp="2012-03-05T05:29:47Z" />
      <rc type="edit" ns="0" title="Democracy of the Knowledgable" pageid="24" revid="58" old_revid="55" rcid="81" timestamp="2011-08-24T11:49:29Z" />
      <rc type="edit" ns="0" title="Sustainable World Political System" pageid="10" revid="57" old_revid="56" rcid="80" timestamp="2011-08-24T11:47:54Z" />
      <rc type="edit" ns="0" title="Sustainable World Political System" pageid="10" revid="56" old_revid="49" rcid="79" timestamp="2011-08-24T11:45:29Z" />
      <rc type="new" ns="0" title="Democracy of the Knowledgable" pageid="24" revid="55" old_revid="0" rcid="78" timestamp="2011-08-24T11:42:45Z" />
      <rc type="edit" ns="0" title="Main Page" pageid="1" revid="54" old_revid="45" rcid="77" timestamp="2011-08-24T11:34:41Z" />
      <rc type="new" ns="0" title="Cave World Transportation System" pageid="23" revid="53" old_revid="0" rcid="76" timestamp="2011-08-12T20:56:58Z" />
      <rc type="new" ns="0" title="Cave World Political System" pageid="22" revid="52" old_revid="0" rcid="75" timestamp="2011-08-12T20:11:49Z" />
    </recentchanges>
  </query>
</api>