Pompeo 'optimistic' over China trade talks

U.S. Secretary of State Michael Pompeo says he's "optimistic" that there will be a "good outcome" in upcoming trade discussions with China in Washington.

A high-level Chinese delegation is due to arrive in the U.S. capital on Jan. 30 as the two sides seek to strike an accord to end their trade conflict.

Addressing delegates at the World Economic Forum via video-link because of the ongoing government shutdown in the United States, Pompeo said the "course of the relationship will be determined by the principles that America stands by."

He noted those include "free and open seas" and "fair and reciprocal trade arrangements where every country has the opportunity to compete on a fair, transparent and open basis."

If Beijing adopts such policies, Pompeo said, he's "confident that our two nations can thrive and prosper together."