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"China has become a major market for US exports including high-tech goods, machineries, agricultural products and consumer goods. A trade war will definitely not be in the interest of the US," he said.

"But most of those mechanisms typically focus on policies, military building or exchanges on a specific issue or a branch of military," Zhao said. "It is very important for joint staff departments, which encompass all military branches and serve as one of the backbones of military operations, to have regular exchanges. This is a very positive step in building mutual trust and cooperation."

"But now you say we're not going to work together. Who's going to benefit from the decision?" he said.

"China is now pushing the better distribution of wealth among people and the development of its inland," said Svedberg, adding that China's emphasis on building infrastructure to support development is "very impressive."

"But the RCEP, based on WTO rules, can be seen as a pilot area for the WTO to provide experience for a global trading system," he said.