Quick access to main page (top) Direct access to main contents Quick access to main page (bottom)

Finland Zoo Sends Pandas Back to China Early Due To Rising Costs

Daniel Kim Views  

Due to the excessive costs associated with their care, two giant pandas leased from China and kept at a Finnish zoo were returned eight years earlier than planned.

Reuters reported that a privately owned zoo in Finland called Ähtäri Zoo announced its plans to send the giant pandas Lumi and Pyuuri back to China this November.

Lumi and Pyry arrived in Finland in January 2018 as part of an agreement made during Chinese President Xi Jinping’s visit in 2017.

Although the original lease period was set for 15 years, the zoo decided to return the pandas eight years early due to rising costs and inflation.

Risto Simonen, the chairman of Ähtäri Zoo, revealed that the zoo invested over €8 million (approximately $8.5 million) in the panda facilities and incurs annual maintenance costs of €1.5 million (around $1.6 million), which includes rent paid to China.

Once hopeful that the pandas would bring more visitors, the COVID-19 pandemic left the zoo in mounting debt by disrupting travel and foot traffic to the zoo.

As inflation drove costs higher, the zoo sought financial assistance from the Finnish government, but their request was denied.

The zoo had been discussing with China about returning the pandas for the past three years.

A Finnish Foreign Ministry representative stated, “The decision to return the pandas is a business decision made by the zoo, and the Finnish government did not intervene. This decision should not affect the relationship between Finland and China.”

The Chinese Embassy in Finland told Reuters, “After friendly discussions, both sides concluded to return the pandas despite China’s efforts to support the zoo.”

Daniel Kim
content@viewusglobal.com

Comments0

300

Comments0

[DEBATE] Latest Stories

  • 6-Year-Old Indian Girl Escapes Sexual Assault Thanks to Monkeys: Here's What Happened!
  • Ukrainian Drone Helps Russian Soldier Surrender on Frontlines
  • Can a Trump Presidency Really Force TV Networks to Lose Their Licenses?
  • Death by Button: Assisted Suicide Capsule Sarco Sparks Legal Battles in Switzerland
  • World War I-Era Coin Collection Unveiled and Sold for $16.4 Million
  • Rare 300-Carat Diamond Necklace from Queen Elizabeth II's Coronation Hits the Auction Block

Weekly Best Articles

  • Trump Eyes Peace Deal: Can He Broker Truce Between Putin and Zelenskyy?
  • Finland Zoo Sends Pandas Back to China Early Due To Rising Costs
  • THIS Airline Takes #1 in Business and First Class at 2024 10Best Awards
  • One-Third of Children Worldwide Struggle with Nearsightedness
  • 6-Year-Old Indian Girl Escapes Sexual Assault Thanks to Monkeys: Here’s What Happened!
  • Ukrainian Drone Helps Russian Soldier Surrender on Frontlines
  • North Korea’s Smartphone Market Booms to 7 Million Subscribers
  • High-End Knockoffs Thrive in China Amid Rising Economic Challenges
  • Real Reason Behind North Korea’s War of Words Amid Nuclear Plans
  • North Korea Installs Anti-Tank Barriers on Key Inter-Korean Rail Line
  • Deion Sanders Recognizes Ohtani’s Greatness, Comparing Him to Jordan and Brady
  • Russia Partners with China to Build 1.4 Million Advanced Attack Drones

You May Also Like

  • 1
    Deion Sanders Recognizes Ohtani’s Greatness, Comparing Him to Jordan and Brady

    SPORTS 

  • 2
    Russia Partners with China to Build 1.4 Million Advanced Attack Drones

    LATEST 

  • 3
    Baseball Fans, Don’t Miss It: Ohtani’s 50th Home Run Ball Auction!

    SPORTS 

  • 4
    South Korean Businessman Kidnapped in Peru, Rescued in Dramatic Police Operation

    LATEST 

  • 5
    Japan Sends Warship Through Taiwan Strait for the First Time, Defying China’s Claims

    LATEST 

Popular Now

  • 1
    Death Threat Against President Yoon for October 26 Sparks Police Investigation

    ASIA 

  • 2
    Taiwan’s President Rejects China’s Peace Offer, Vows to Stand Strong

    ASIA 

  • 3
    Next-Gen Threat? China’s ICBM Launch Near Australia Suggests New Arms Development

    ASIA 

  • 4
    Warren Buffett Cashed in $9 Billion by Offloading Bank of America Stakes

    BUSINESS 

  • 5
    Goldman Sachs Sees Bright Future for Tesla, Suggests Buying Stock Options

    BUSINESS 

Weekly Best Articles

  • Trump Eyes Peace Deal: Can He Broker Truce Between Putin and Zelenskyy?
  • Finland Zoo Sends Pandas Back to China Early Due To Rising Costs
  • THIS Airline Takes #1 in Business and First Class at 2024 10Best Awards
  • One-Third of Children Worldwide Struggle with Nearsightedness
  • 6-Year-Old Indian Girl Escapes Sexual Assault Thanks to Monkeys: Here’s What Happened!
  • Ukrainian Drone Helps Russian Soldier Surrender on Frontlines
  • North Korea’s Smartphone Market Booms to 7 Million Subscribers
  • High-End Knockoffs Thrive in China Amid Rising Economic Challenges
  • Real Reason Behind North Korea’s War of Words Amid Nuclear Plans
  • North Korea Installs Anti-Tank Barriers on Key Inter-Korean Rail Line
  • Deion Sanders Recognizes Ohtani’s Greatness, Comparing Him to Jordan and Brady
  • Russia Partners with China to Build 1.4 Million Advanced Attack Drones

Must-Reads

  • 1
    Deion Sanders Recognizes Ohtani’s Greatness, Comparing Him to Jordan and Brady

    SPORTS 

  • 2
    Russia Partners with China to Build 1.4 Million Advanced Attack Drones

    LATEST 

  • 3
    Baseball Fans, Don’t Miss It: Ohtani’s 50th Home Run Ball Auction!

    SPORTS 

  • 4
    South Korean Businessman Kidnapped in Peru, Rescued in Dramatic Police Operation

    LATEST 

  • 5
    Japan Sends Warship Through Taiwan Strait for the First Time, Defying China’s Claims

    LATEST 

Popular Now

  • 1
    Death Threat Against President Yoon for October 26 Sparks Police Investigation

    ASIA 

  • 2
    Taiwan’s President Rejects China’s Peace Offer, Vows to Stand Strong

    ASIA 

  • 3
    Next-Gen Threat? China’s ICBM Launch Near Australia Suggests New Arms Development

    ASIA 

  • 4
    Warren Buffett Cashed in $9 Billion by Offloading Bank of America Stakes

    BUSINESS 

  • 5
    Goldman Sachs Sees Bright Future for Tesla, Suggests Buying Stock Options

    BUSINESS 

Share it on...