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Japan Ends War Time Compensation to China March 7, 2007

Posted by David in China, Japan.
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Okay, it was never really identified as such because “Beijing has refused outright war reparations”, but the flow of huge sums of money being given to China now and over the years, in the form of low-interest loans, is about to come to an end.

The Taipei Post (07-03-2007) reported today that “Japan has gradually been switching aid from China to other countries seen as emerging allies, such as India.” Japan “will end all loans to China by the time of the 2008 Beijing Olympics.”

I support this move, and wish all other countries, who still provide “aid” to China, would follow Japan’s example. After-all, if China is able to hold the Olympics it should not still be considered to be in need of financial assistance… The amount of money China spends on its military is another reason why we should not be giving it any money.

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