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 Endowment for International Peace
- Turkey’s Four Headaches Are Also Europe’sArticle
Between stalled economic ties and a push for greater security cooperation, EU-Turkey relations remain uncertain. Ankara’s continued slide toward autocracy is the likeliest common denominator in these competing dynamics.
Marc Pierini
- Nuclear Deterrence Needs to Account for Domestic PoliticsArticle
Individual leaders and public attitudes—especially in democracies—matter for credibility.
Lauren Sukin, Samuel Seitz
- Member States Must Make Enlargement Their OwnCommentary
The European Commission is preparing the EU for its next enlargement. But member states need to make it a project that European citizens can understand, shape, and support.
Iliriana Gjoni
- How Indian Americans Plan to Vote in the 2026 MidtermsArticle
The 2024 Republican gains among this important constituency have not held.
- +2
Sumitra Badrinathan, Devesh Kapur, Annabel Miller, …
- Europe Struggles to Sustain Support for UkraineArticle
EU and member-state leaders will need to show the political will and flexibility to adjust to Ukraine’s changing needs and to find compromises that will put support on a sustainable, long-term footing.
Phyllis Berry