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China is "cautiously optimistic" about the future of trade talks with the US, Chinese Vice Premier Liu He has said after the latest round of talks failed to put an end to the trade row between the two parties. Speaking to the media after the negotiations in Washington, the vice premier, who headed the national delegation, smoothed over the no-deal outcome, saying that the meeting was "candid and constructive." The next consultations are set to take place in Beijing, but the timing is not yet clear. "I don't think our consultations have derailed," Liu said, according to a video posted by Xinhua. "On the contrary, I think it's quite normal, it's inevitable to have minor twists and turns in negotiations between two countries."