China to lose four decade old financial help from Japan

China to lose four decade old financial help from Japan

Japan is ending its four decades old financial aid to China this March.
The program, Official Development Assistance (ODA), was implemented in December 1979 and has played a major role in China’s economic growth. The economic aid is Yen loans that provide necessary funds for developing countries for a long time at low interest rates, in addition to free financial and technical assistance.
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