When New China was founded, New China was poor and needed funds for development. There was no money at that time, and panda diplomacy was a way to get some money or technology for foreign pandas. Unfortunately, pandas given to foreign countries died abroad for various reasons such as acclimatization. This also led to China becoming more and more powerful, and we changed the way and changed the gift to lease.
A pair of giant pandas are rented abroad for about 3 million to 7 million yuan a year, and the lease period is generally ten years. After the contract expires, it can be renewed. These rents are generally used for the protection and research of giant pandas in China. The ownership of pandas always belongs to our country. If the rented panda gives birth to babies, then these babies also belong to China, and the panda babies must be returned to China after they are two years old. If our giant panda is brought abroad for tragedy because of improper feeding or other unnatural factors, then the leasing country needs to pay huge compensation. For example, the United States will have to pay $654.38 million in compensation.
The loan of red pandas abroad has also brought some sightseeing benefits to the local area. After all, they are so cute that people really can't help liking them. Panda is not a tool to make money, and renting it to a foreign country can also deepen the friendship between the two countries appropriately.