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Ping-Pong Diplomacy

Ping-pong diplomacy   refers to the exchange of  table tennis  (ping-pong) players between the  United States  (US) and  People's Republic of China  (PRC) in the early 1970s, that began during the  1971 World Table Tennis Championships  in Nagoya, Japan as a result of an encounter between players  Glenn Cowan  (of the US) and  Zhuang Zedong  (of the PRC).   The exchange and its promotion helped to humanize the people in each country after a period of isolation and distrust. It paved the way for  President Richard Nixon's visit to Beijing  in 1972, and is considered a turning point in  relations between the United States and the People's Republic of China .

Diplomacy

Diplomacy is a crucial instrument of foreign policy that encompasses everything leaders do to advocate for their national interests around the world. It involves leveraging a vast array of foreign policy tools, including sanctions, foreign assistance, trade, and armed force. Diplomacy is the chief instrument of foreign policy, which is set by political leaders. It establishes goals, prescribes strategies, and sets the broad tactics to be used in their accomplishment. For example, during the Cold War, the United States and China used diplomacy to improve their relations. Secret talks and ping-pong diplomacy were some of the initiatives that helped normalize relations between the two countries. Please note that diplomacy is often confused with foreign policy, but they are not synonymous. Diplomacy is the main instrument of foreign policy that represents the broader goals and strategies guiding a state’s interactions with the rest of the world.

Protectionist Policy

Protectionism is an economic policy of restricting imports from other countries through methods such as raising tariffs on imported goods. Import quotas and other government regulations. This protectionist policy is implemented by many countries, although almost all economists understand that the global economy generally Benefits of free trade. In other words, this protectionist policy is the government's action or policy on international trade in order to support products or services. Domestically, for example, restricting or restricting imports, imposing tariffs on imported products, setting quotas, measures Subsidy administrations etc. They raise import prices, making them more expensive than domestic products.

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Win-Win Policy

Win-Win Policy is policy that advantageous or satisfactory to all parties involved, a resolution to a negotiation where both parties benefit from the outcome, the result of a mutual-gains approach to negotiation in which parties work together to meet interests and maximize value creation. Win-Win Policy is used by Cambodia's Prime Minister Hun Sen to end the long-running civil war in Cambodia and bring peace and political stability to the Cambodian people with the most valuable opportunity to develop in all areas and across society. 

Political Factors

Political factors are the influences and dynamics within the political environment that can affect businesses and their operations. They include things like government policies, regulations, de-regulation trends, political stability, trade agreements/foreign trade policies, taxation systems/tax policy, and the overall political climate of a country or region.

Relationship Restoration Policy

There is no single definition of Relationship Restoration Policy , but it seems to be related to the idea of restorative practices or restorative justice, which are ways of repairing or improving relationships that have been harmed by conflict, violence, or injustice. For example, l eaving the G20 summit in New Delhi, President Joe Biden arrived in Hanoi, Vietnam, on Sunday afternoon of 10 September 2023. A visit to Vietnam is something that every US president has been doing since 1995. It is a policy to restore relations after the two countries went through the most bitter pages of history together through the "Vietnam War". In addition to strengthening ties, Vietnam could also have many geopolitical and economic benefits in the current context of increasing competition between the United States and China.