For many decades the precise taxonomic classification of the panda was under debate as both the giant panda and the distantly related Red Panda share characteristics of both bears and raccoons. However, molecular studies suggest that giant pandas are true bears and part of the Ursidae family, though they differentiated early in history from the main ursine stock. The giant panda's closest ursine relative is the Spectacled Bear of South America. Disagreement still remains about whether or not the red panda belongs in Ursidae, the raccoon family Procyonidae, or in its own family, Ailuridae. The giant panda has been referred to as a living fossil.
|
  The Red Panda and the giant panda, although completely different in appearance, share several features. They both live in the same habitat, they both live on a similar bamboo diet, and they both share a unique enlarged bone called the pseudo thumb, which allows them to grip the bamboo shoots they eat.
|
