Douglas H. Paal
{
"authors": [
"Douglas H. Paal"
],
"type": "legacyinthemedia",
"centerAffiliationAll": "dc",
"centers": [
"Carnegie Endowment for International Peace",
"Carnegie China"
],
"collections": [
"U.S.-China Relations"
],
"englishNewsletterAll": "asia",
"nonEnglishNewsletterAll": "",
"primaryCenter": "Carnegie China",
"programAffiliation": "AP",
"programs": [
"Asia"
],
"projects": [],
"regions": [
"North America",
"United States",
"East Asia",
"China"
],
"topics": [
"Political Reform",
"Economy",
"Trade",
"Foreign Policy"
]
}Source: Getty
China-U.S. Comprehensive Economic Dialogue and Agricultural Land Use and Food System
The upcoming U.S.-China Comprehensive Economic Dialogue will be a meeting characterized by many contrasts.
Source: CGTN
Speaking on CGTN, Carnegie’s Douglas H. Paal explained that the upcoming U.S.-China Comprehensive Economic Dialogue will be a meeting characterized by many contrasts. He began by saying that the headline of the upcoming meeting will likely be that “there are no headlines.” The Trump administration has come to appreciate the interdependence between the U.S. and Chinese economies, thus reducing the risk that they will unilaterally initiate a trade war.
Short term gains from the meeting will likely be small, Paal said. In the medium- to long-term, the best that can be hoped for is an opening of the Chinese market to exports of U.S. services. Presently, Chinese policies exclude most foreign services, he added.
Paal went on to explain that he supports a multilateral approach to trade issue. Furthermore, he thinks the current focus on bilateral issues, while counterproductive, is a natural result of “years and years of cheap politics” in the United States.
About the Author
Distinguished Fellow, Asia Program
Paal previously served as vice chairman of JPMorgan Chase International and as unofficial U.S. representative to Taiwan as director of the American Institute in Taiwan.
- America’s Future in a Dynamic AsiaPaper
- U.S.-China Relations at the Forty-Year MarkQ&A
- +1
Douglas H. Paal, Tong Zhao, Chen Qi, …
Recent Work
Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
More Work from Carnegie Europe
- Deciphering Europe’s Relationship with TurkeyCommentary
Debate is heating up on how Turkey could be integrated into a common European defense framework. Commercial and industrial deals offer a better chance at alignment than sweeping political efforts.
Marc Pierini
- Taking the Pulse: Is it Worth it for Europeans to Placate Trump?Commentary
After spending much of 2025 trying to placate Donald Trump, some European leaders are starting to change posture. But is even a hostile Washington still so important to Europe that the U.S. president’s outbursts are worth putting up with?
Rym Momtaz, ed.
- Europeans Are Quiet Quitting the United StatesCommentary
European leaders have now not only lost faith in Donald Trump’s U.S. presidency, but also in America’s hegemony as a whole. But short-term challenges make an immediate divorce unwise.
Rym Momtaz
- EU Integration Without Ratification?Article
Countries face several hurdles in joining the EU, including the final stage of ratifying their accession treaties. Procedural reforms and substantive adjustments could help move the process forward.
Stefan Lehne
- There Is No Shortcut for Europe in ArmeniaCommentary
Europe has an interest in supporting Armenian leader Nikol Pashinyan as he tries to make peace with neighbors and loosen ties with Russia. But it is depersonalized support in the long term, not quickfire flash, that will win the day.
Thomas de Waal