
How Pandas Shaped China’s Approach Towards Foreign Affairs: Economically and Politically
Author(s) -
Guisheng Yin
Publication year - 2021
Publication title -
bcp business and management
Language(s) - English
Resource type - Journals
ISSN - 2692-6156
DOI - 10.54691/bcpbm.v16i.320
Subject(s) - china , politics , reputation , leverage (statistics) , economic diplomacy , diplomacy , political science , development economics , political economy , economics , law , machine learning , computer science
The concept of Panda Diplomacy would be thoroughly explained in two lenses, economics and politics. Pandas, as the cutest ambassadors of China, have served their purpose in both over centuries. As one would know, Pandas are extremely scarce and therefore preserved carefully. Nevertheless, it demonstrates significant political influence since they are only found in China and can be utilized as a tool to improve foreign relations. Early methods like gifting pandas used to be popular until China decided to create a monopoly on the ownership of such favored creatures. Nowadays, giving other countries temporary ownerships of pandas would still create this situation while improving national relations, economic and political benefits. This advantage of permanent ownership of pandas brought long-lasting treaties, peacekeeping cooperation, and income that would positively affect both sides. This symbol indicates a next-level relationship between China and another country that will boost interactions from both, establishing a positive reputation of China’s friendly diplomatic approaches and leverage in this relationship.