• Research
  • Strategic Europe
  • About
  • Experts
Carnegie Europe logoCarnegie lettermark logo
EUNATO
  • Donate
{
  "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

In The Media
Carnegie China

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.

Link Copied
By Douglas H. Paal
Published on Jul 19, 2017

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.

This interview originally appeared on CGTN.
 

About the Author

Douglas H. Paal

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.

    Recent Work

  • Paper
    America’s Future in a Dynamic Asia

      Douglas H. Paal

  • Q&A
    U.S.-China Relations at the Forty-Year Mark
      • +1

      Douglas H. Paal, Tong Zhao, Chen Qi, …

Douglas H. Paal
Distinguished Fellow, Asia Program
Douglas H. Paal
Political ReformEconomyTradeForeign PolicyNorth AmericaUnited StatesEast AsiaChina

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

  • Commentary
    Deciphering Europe’s Relationship with Turkey

    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

  • Commentary
    Strategic Europe
    Taking the Pulse: Is it Worth it for Europeans to Placate Trump?

    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

      Rym Momtaz, ed.

  • Commentary
    Strategic Europe
    Europeans Are Quiet Quitting the United States

    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

      Rym Momtaz

  • Article
    EU Integration Without Ratification?

    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

  • Commentary
    Strategic Europe
    There Is No Shortcut for Europe in Armenia

    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

Get more news and analysis from
Carnegie Europe
Carnegie Europe logo, white
Rue du Congrès, 151000 Brussels, Belgium
  • Research
  • Strategic Europe
  • About
  • Experts
  • Projects
  • Events
  • Contact
  • Careers
  • Privacy
  • For Media
  • Gender Equality Plan
Get more news and analysis from
Carnegie Europe
© 2026 Carnegie Endowment for International Peace. All rights reserved.