The pandas cost about $500,000 to care for annually, Kelly said. That's five times more than for Zoo Atlanta's next most expensive animal, the elephant.
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The Chinese government, which gifted the first pair of pandas — Hsing Hsing and Ling Ling — to the U.S., now leases the pandas out for a typical 10-year renewable term. The annual fee ranges from $1 million to $2 million per pair, plus mandatory costs to build and maintain facilities to house the animals.
Panda diplomacy, in its current form, works like this: China loans pandas to a zoo in the United States or another country, and the zoo pays an annual fee — usually $500,000 to $1 million each — to keep the pandas for at least a few years.
For starters, per panda, zoos have to pay an annual rental fee to China that could be $1 million a year. Then, it costs an extra $400,000 if any cubs are born (and they must be returned–though not immediately). In addition, just the enclosure could run $8 million.
We have read the enlightening NY Times article about how pandas in U.S. zoos are like money pits, though adorable ones. The reason is because China leases the each panda to zoos for $2 million (in panda cost and research).
The Chinese government, which gifted the first pair of pandas — Hsing Hsing and Ling Ling — to the U.S., now leases the pandas out for a typical 10-year renewable term. The annual fee ranges from $1 million to $2 million per pair, plus mandatory costs to build and maintain facilities to house the animals.
With diplomatic tensions running high between Beijing and a number of Western governments, China appears to be gradually pulling back its pandas from multiple Western zoos as their agreements expire.
The Chinese government, which gifted the first pair of pandas - Hsing Hsing and Ling Ling - to the U.S., now leases the pandas out for a typical 10-year renewable term. The annual fee ranges from $1 million to $2 million per pair, plus mandatory costs to build and maintain facilities to house the animals.
All giant pandas (Ailuropoda melanoleuca) are the property of the Chinese government, and at the country's discretion, can be loaned to qualifying zoos around the world.
Although pandas are rarely housed outside of China, you can still see them in person within the United States. These mystical bears currently live at only three select zoos, making each sighting a truly special experience.
Panda diplomacy is the practice of sending giant pandas from China to other countries as a tool of diplomacy. From 1941 to 1984, China gave a gift of pandas to other countries. After a change in policy in 1984, pandas were leased instead of given as a gift.
And out of the 350 giant pandas, only a mere 50 can be found outside of China. As per reports, China has direct ownership over every living giant panda around the world, even if they might have been born in another country.
Any cub born to the pandas belongs to the Chinese government but can be leased for an additional fee until it reaches mating age. Over the 50 years of American panda loan agreements, the arrangement has hit more than one rough patch.
Beijing currently lends out 65 pandas to 19 countries through “cooperative research programs” with a stated mission to better protect the vulnerable species. The pandas return to China when they reach old age and any cubs born are sent to China around age 3 or 4.
We have read the enlightening NY Times article about how pandas in U.S. zoos are like money pits, though adorable ones. The reason is because China leases the each panda to zoos for $2 million (in panda cost and research).