Tian Tian, a female panda loaned to Edinburg Zoo with her male partner Yang Guang, enjoys bamboo shoots in their residence. (Photo/ Xinhua) |
The
possible pregnancy of the female panda Tian Tian in the Edinburg Zoo has
brought to light discussions of "pandanomics," as the cost to
maintain giant pandas have surged over the years, reports our Chinese-language
sister newspaper Want Daily.
Britain's
The Guardian compared giant pandas with Premier League footballers — they both
cost a fortune to purchase and maintain but can guarantee crowds. If Tian Tian
gives birth soon, the zoo's finances will be secured because the cub will draw
millions of visitors. But if the animal is not pregnant, then the zoo will face
declining public interest, coupled with rising costs and financial
difficulties.
The couple
in the zoo, Tian Tian and Yang Guang, arrived in 2011. Since then, the number
of visitors has increased by over four million. Nevertheless, from the
experience in other zoos in the world that earnings will decline if no cubs pop
out on a Chinese panda loan.
The
Edinburg Zoo pays £600,000 (US$978,000) a year for the
10-year rent of the pair and spent £300,000 (US$489,000) building a home
for the pandas. The costs for fresh bamboo shoots, which are imported from
France, have gone up 40% since 2011.
Cubs born
must be returned to China after two years. Should any one die due to human
factors, the zoo must pay £300,000.
Washington,
Atlanta, Memphis and San Diego Zoos are said to have spent more on keeping the
pandas than what they received from exhibiting them.
It may be
time that zoos worldwide rethink their giant panda rentals with China.
The latest
research by Oxford University has concluded China's recent panda loans were all
linked to trade. According to The Guardian, the Edinburg deal coincided with a £2.6 billion (US$4.3 billion) contract on petrochemical and renewable
technology, Jaguar cars and salmon businesses between the two countries.
Panda pairs
were loaned to Canada and Australia following uranium, oil, and minerals deals.
Singapore, Malaysia, Thailand and Macao received their pandas after signing
free-trade agreements with China, said the report.
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