A little about Panda Diplomacy from Wikipedia:
Loans of giant pandas to American and Japanese zoos formed an important part of the diplomacy of the People's Republic of China (PRC) in the 1970s, as it marked some of the first cultural exchanges between the People's Republic and the West. This practice has been termed "Panda diplomacy".
By 1984, however, pandas were no longer given as gifts. Instead, the PRC began to offer pandas to other nations only on 10-year loans, under terms including a fee of up to US$1,000,000 per year and a provision that any cubs born during the loan are the property of the PRC.
Not sure if there is a fee involved for the two pandas coming to Malaysia but one thing is for sure, Malaysians and people visiting Malaysia will get a chance to see pandas in person although it may be a challenge for the keepers in keeping the pandas comfortable in our hot and humid weather.
The pandas, to be on loan for 10 years, mark the 40th anniversary of diplomatic relationship between both countries in 2014. Bilateral relations between Malaysia and China started during the tenure of late Prime Minister Tun Abdul Razak, who was the father of the current Prime Minister, Najib Abdul Razak.
The Natural Resources and Environment Ministry said that the presence of the pandas would promote public awareness on panda conservation undertaken by China. This will encourage the public to appreciate and learn the importance of biodiversity and wildlife conservation in Malaysia.
A nationwide contest to name the pandas would be held to spur interest among Malaysians to learn more about this unique animal.
The two pandas will be placed in a special exhibit in Taman Wetland, Putrajaya. There, now there's another reason to visit Putrajaya, the Federal Government Administrative Centre replacing Kuala Lumpur as the administrative capital.
Source: The Star..China to loan two pandas to Malaysia for 10 years
China news reports in April reported that Malaysia would spend a whopping RM20mil for the upkeep of the pandas.
The budget is expected to cover for the construction of an air-conditioned sanctuary for the pandas, importing bamboos from China for their meals as well to train local handlers for the animals. (Source:Giant Pandas for Malaysia)