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 Russia Eurasia Center
- Russian Indoctrination in Occupied Ukrainian Schools Is a ShamCommentary
Despite a new textbook, an influx of Russian teachers and managers, and an end to the teaching of Ukrainian, the Kremlin is unlikely to have “reprogrammed” locals.
Konstantin Skorkin
- Who Is Funding Russia’s War in the 2027 Budget?Commentary
For every ruble allocated to social policy, health, and education in 2027, double that amount is earmarked for the army, the police, and the security services.
Alexandra Prokopenko
- International Demand for Russia’s Arctic Shipping Route Is Unlikely to LastCommentary
Cargo traffic through Russia’s Northern Sea Route has increased because of the disruption caused by the conflict in the Middle East, the Ukraine war, and U.S.-China tensions.
Mikhail Korostikov
- How the Kremlin Achieved Its Latest Implausible Election ResultsCommentary
Sergei Kiriyenko used Russia’s parliamentary vote to further hone his strategy of corporate mobilization that is designed to maximize votes for United Russia.
Andrey Pertsev
- Belarus Wants More From the West Than a ‘Massive Deal’ on PotashCommentary
Trump has promised Belarus a massive potash deal. But Minsk is seeking something greater: restored Western transit and greater room for maneuver from Russia.
Balázs Jarábik