Japan’s fear of China

[MH.Yang]

Japan also have lots of interest free loans to China

also Toyota gave many vehicles to China which China copied

State Bank of Japan has funded many large infrastructure projects in China and Asia

Interest free loan? Yes, 80% of Japan's ODA to China is interest bearing loans, with an interest rate of about 3.5%, and the remaining 20% is interest free loans.

But do you know how much China pays for these ODA? This is a trap!

Japan's ODA to China began in 1980s, and the largest capital inflow was in 1985. However, in 1985, Japan and the United States signed the < Plaza Accord >. The yen soared. When the loan was made in 1985, 240 yen was converted to one dollar. At the time of repayment in 1995, 80 yen was exchanged for 1 US dollar. China actually paid an additional 300% interest. The most hateful thing is that Japan immediately stopped ODA after the yen exchange rate stabilized in 2008.


I can also tell you a Chinese proverb:
Free things are the most expensive things.
免费的东西才是最贵的东西。

If there are other options, do not accept so-called free assistance.

 

[Suika]

Interest free loan? Yes, 80% of Japan's ODA to China is interest bearing loans, with an interest rate of about 3.5%, and the remaining 20% is interest free loans.

But do you know how much China pays for these ODA? This is a trap!

Japan's ODA to China began in 1980s, and the largest capital inflow was in 1985. However, in 1985, Japan and the United States signed the < Plaza Accord >. The yen soared. When the loan was made in 1985, 240 yen was converted to one dollar. At the time of repayment in 1995, 80 yen was exchanged for 1 US dollar. China actually paid an additional 300% interest. The most hateful thing is that Japan immediately stopped ODA after the yen exchange rate stabilized in 2008.


I can also tell you a Chinese proverb:
Free things are the most expensive things.
免费的东西才是最贵的东西。

If there are other options, do not accept so-called free assistance.

The largest ODA inflow to China from Japan occurred through the years from 1992 to 2011 with each of those years far above the 1985 level.

https://asia.nikkei.com/Politics/In...-aid-and-proposes-joint-assistance-for-others

 

[kankan326]

The largest ODA inflow to China from Japan occurred through the years from 1992 to 2011 with each of those years far above the 1985 level.

https://asia.nikkei.com/Politics/In...-aid-and-proposes-joint-assistance-for-others

Let's be straight. It's business not aid. China is doing same things in Africa and many developing countries. China says all the projects are "investments". Not "aids". Who are you kidding

 

[MH.Yang]

The largest ODA inflow to China from Japan occurred through the years from 1992 to 2011 with each of those years far above the 1985 level.

https://asia.nikkei.com/Politics/In...-aid-and-proposes-joint-assistance-for-others

ODA has stopped in 2008. After 2008, there is only financial cooperation without any assistance. And the amount of your assistance is in US dollars. In the 1990s, the exchange rate of the Japanese yen was 3+ times that of the 1980s. If you calculate it in US dollars, of course, it was more in 1992.

 

[KampfAlwin]

So a fucking weaboo. **** my life man if he was actually Japanese I’d have enough respect to debate with him, knowing that he’s just some basement weaboo creep, my skin just crawls being in the same room with these losers.

Reminds me of this lol:

 

[Suika]

Let's be straight. It's business not aid. China is doing same things in Africa and many developing countries. China says all the projects are "investments". Not "aids". Who are you kidding

Low interest loans don't really return much profit. That money could have gone elsewhere instead of low profit making "investment" into China. With the much lower GDP per capita meaning much lower workpay per hour in China in those years, much profit could have been generated with these low interest loans. The grant aid of course is in the full meaning of "aid" since there's no pay back to it.

ODA has stopped in 2008. After 2008, there is only financial cooperation without any assistance. And the amount of your assistance is in US dollars. In the 1990s, the exchange rate of the Japanese yen was 3+ times that of the 1980s. If you calculate it in US dollars, of course, it was more in 1992.

Where's a link?

Reminds me of this lol:
View attachment 783093

Heh

 

[ZeEa5KPul]

So a fucking weaboo. **** my life man if he was actually Japanese I’d have enough respect to debate with him, knowing that he’s just some basement weaboo creep, my skin just crawls being in the same room with these losers.

Weebs, man. They should just stick to anime.

 

[kankan326]

Low interest loans don't really return much profit. That money could have gone elsewhere instead of low profit making "investment" into China. With the much lower GDP per capita meaning much lower workpay per hour in China in those years, much profit could have been generated with these low interest loans. The grant aid of course is in the full meaning of "aid" since there's no pay back to it.


Where's a link?


Heh

1,Loan interest is the least important thing in Japan's "aids". The biggest profit lies in China's market. Most Japanese aids were used in Japanese projects in China. It's like you deliver your money from right hand to left hand. Thank to the aids, Japanese companies made huge profit in China market.
2, Loan your own currency to other countries is 0 cost business. You can just print as much money as you want and don't need to worry about inflation. Because the money will not flow in domestic market. Compared to China, whose One Belt One Road project uses US dollar as currency, Japanese are smarter.

 

[tower9]

Reminds me of this lol:
View attachment 783093

You're way more optimistic.

I found actual footage of Suika. He was featured on a local Japanese TV station.

 

[MH.Yang]

Low interest loans don't really return much profit. That money could have gone elsewhere instead of low profit making "investment" into China. With the much lower GDP per capita meaning much lower workpay per hour in China in those years, much profit could have been generated with these low interest loans. The grant aid of course is in the full meaning of "aid" since there's no pay back to it

To other places? My friend, China is also going through this stage, so we know the USA after WW2 and 1980s-Japan . With a lot of money in hand, and need to find a way out.

If a fool with good credit is willing to lend at the interest rate of 3.5% before the sharp appreciation of CNY, we are also willing to lend him all the money.

Where's a link?

安倍亲自到中国来宣布：日本停止对中国的官方援助，持续40年的ODA正式结束。你知道这事吗？ - 日记

10月25号，日本首相安倍晋三抵达北京，这是日本首相时隔7年第一次正式访华。 安倍此次访华的目的之一就是宣布日本政府不再援助中国，ODA终止！ 很多天朝子民们听到这一消息，一脸懵逼 “日本啥时候援助过中国？ODA又是什么鬼？” “不援助就不援助呗？谁稀罕！” “好像最近这几年，一直都是中国在帮助日本的GDP增长吧！” …… 还有不少天朝子民，对ODA早有了解，会心一笑 “日本确实帮了我们不少忙，应...

m.douban.com

 

[tower9]

To other places? My friend, China is also going through this stage, so we know the USA after WW2 and 1980s-Japan . With a lot of money in hand, and need to find a way out.

安倍亲自到中国来宣布：日本停止对中国的官方援助，持续40年的ODA正式结束。你知道这事吗？ - 日记

10月25号，日本首相安倍晋三抵达北京，这是日本首相时隔7年第一次正式访华。 安倍此次访华的目的之一就是宣布日本政府不再援助中国，ODA终止！ 很多天朝子民们听到这一消息，一脸懵逼 “日本啥时候援助过中国？ODA又是什么鬼？” “不援助就不援助呗？谁稀罕！” “好像最近这几年，一直都是中国在帮助日本的GDP增长吧！” …… 还有不少天朝子民，对ODA早有了解，会心一笑 “日本确实帮了我们不少忙，应...

m.douban.com

View attachment 783096

Why even bother seriously responding to this doofus. HE IS NOT JAPANESE.

This is him, literally.

 

[Suika]

1,Loan interest is the least important thing in Japan's "aids". The biggest profit lies in China's market. Most Japanese aids were used in Japanese projects in China. It's like you deliver your money from right hand to left hand. Thank to the aids, Japanese companies made huge profit in China market.
2, Loan your own currency to other countries is 0 cost business. You can just print as much money as you want and don't need to worry about inflation. Because the money will not flow in domestic market. Compared to China, whose One Belt One Road project uses US dollar as currency, Japanese are smarter.

Profit arrangement is going to be determined by details in the loan handover agreements. Why would the PRC accept loans that put the PRC at a disadvantage? The PRC market back then was not nearly the attractive market it is today because GDP per capita was much lower in the 1990s and 2000s. Additionally, the income gap would still be very big, commoner consumers of gdp per capita would be even lower than the numbers are because the few millionaires and billions pull the average gdp per capita up some. So Japanese revenue, never mind profit, couldn't be such a mountain of fortune.

I mean I get see how now pro-PRC posters are going to interpret that they been scammed as more fluff for anti-Japan material because Japan isn't doing what the PRC wants it to do right now.

 

[MH.Yang]

Profit arrangement is going to be determined by details in the loan handover agreements. Why would the PRC accept loans that put the PRC at a disadvantage? The PRC market back then was not nearly the attractive market it is today because GDP per capita was much lower in the 1990s and 2000s. Additionally, the income gap would still be very big, commoner consumers of gdp per capita would be even lower than the numbers are because the few millionaires and billions pull the average gdp per capita up some. So Japanese revenue, never mind profit, couldn't be such a mountain of fortune.

I mean I get see how now pro-PRC posters are going to interpret that they been scammed as more fluff for anti-Japan material because Japan isn't doing what the PRC wants it to do right now.

Do you mean that the Japanese govt did not expect that < Plaza Accord > would lead to a significant appreciation of the yen? Or do you mean that < Plaza Accord > is an agreement reached between the USA and Japan in a very short time, and the two countries did not have a long time communicate&negotiate privately before sign?

 

[Suika]

To other places? My friend, China is also going through this stage, so we know the USA after WW2 and 1980s-Japan . With a lot of money in hand, and need to find a way out.

If a fool with good credit is willing to lend at the interest rate of 3.5% before the sharp appreciation of CNY, we are also willing to lend him all the money.

安倍亲自到中国来宣布：日本停止对中国的官方援助，持续40年的ODA正式结束。你知道这事吗？ - 日记

10月25号，日本首相安倍晋三抵达北京，这是日本首相时隔7年第一次正式访华。 安倍此次访华的目的之一就是宣布日本政府不再援助中国，ODA终止！ 很多天朝子民们听到这一消息，一脸懵逼 “日本啥时候援助过中国？ODA又是什么鬼？” “不援助就不援助呗？谁稀罕！” “好像最近这几年，一直都是中国在帮助日本的GDP增长吧！” …… 还有不少天朝子民，对ODA早有了解，会心一笑 “日本确实帮了我们不少忙，应...

m.douban.com

View attachment 783096

I'll need time to work out the Chinese and the contents of the whole article.

 

[kankan326]

Profit arrangement is going to be determined by details in the loan handover agreements. Why would the PRC accept loans that put the PRC at a disadvantage? The PRC market back then was not nearly the attractive market it is today because GDP per capita was much lower in the 1990s and 2000s. Additionally, the income gap would still be very big, commoner consumers of gdp per capita would be even lower than the numbers are because the few millionaires and billions pull the average gdp per capita up some. So Japanese revenue, never mind profit, couldn't be such a mountain of fortune.

I mean I get see how now pro-PRC posters are going to interpret that they been scammed as more fluff for anti-Japan material because Japan isn't doing what the PRC wants it to do right now.

As I said, it was business. Not aid. Business is mutually benefitial. China's market was huge even in 1980's. Now Chinese companies are investing in Africa and many low income countries for good reasons.