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News Japan officially terminating ODA to China

thomas

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Japan's "official development assistance" (ODA) to China ended after 40 years at the end of March. The total ODA amounted to some 3.6 trillion JPY (29 billion USD): nearly 160 billion JPY of grant aid, provision of funds with no repayment obligation, around 3.3 trillion JPY in loans, and about 190 billion JPY of technical cooperation. Japan's ODA was in response to Beijing's declaration to abandon demands for wartime compensation under the 1972 bilateral joint communique. While Japanese ODA to China has supported the nation's growth and strengthened the relationship between the two countries, some questioned the need to continue the assistance over the years.


 
Can you imagine how many low income housing developments that could have built. Which is badly needed now for the elderly here.
 
Because China now has more money than they know what to do with due to the world buying their inexpensive products for so many years ; they will become a dangerous world power. They are setting up bases around the world or trying to. They are building up all areas of their military. A lot of bad signs for the future.
 
True and they just put up their flag in the Solomon Islands. While the US govt. is training the US military about what is a man and a woman and other types of humans exist.

But the US Congress is on an AWOL vacation of crazy bills that want to build a tunnel under a bridge for turtles can use. ( old news, but nothing has changed )
 
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