How many species of panda are there?

there are two species of pandas. one is the red panda and also the giant pandas
http://wiki.answers.com/q646427.htmlis a species of Bear that we commonly know as Panda. Red Panda is not a kind of Panda, it is basically another species that has similar characteristics but also has very different characteristics. There are two subspecies of Giant Panda which are:

Ailuropoda melanoleuca melanoleuca

Ailuropoda melanoleuca qinlingensis or Qinling http://wiki.answers.com/q3277324.htmllatedto a fox.