Understanding China, One Blog at a Time

An American in China

Japanese Money in China- Reblogging a Comment

Posted by w_thames_the_d on April 1, 2011


I’m going to reblog these stats from a comment on mylaowai.com. They refer to all of the monetary assistance that Japan has given their, dare I say, ungrateful neighbor – China. The post was good and addressed the issue of China’s coverage of the Japanese tragedy and then a comment was made about what Japan has given China. The following are the quoted statistics on just how much China owes her growth to Japanese investment.

from here
‘soft’ Yen loans to China since 1979 were 3.3 trillion yen, unadjusted for inflation, up until FY2007. This represents 75% of ODA for the same period. It does not include FDI which is considerable.

In addition, 145.7 billion Yen, unadjusted for inflation, in grant aid has been given, as well as 144.6 billion Yen, unadjusted for inflation, in ‘technical cooperation’ (building of airports, roads, etc).

Japan has paid for the electrification of 5,200Km of railway lines, 60 large-scale berths for ships, Beijing’s China-Japan Friendship Hospital (treating 3,000 patients daily), has trained 15,000 personnel via the Japan International Cooperation Agency and 22,000 personnel via the Association for Overseas Technical Scholarships, and has sent more than 5,000 experts to China to help with various projects (all this as of FY2003).

Loan aid was given for the following projects:
Shanghai Pudong International Airport Construction Project (40.0 billion yen)
Beijing Capital Airport Terminal Area Expansion Project (30.0 billion yen)
Lanzhou Zhongchuan Airport Expansion Project (6.3 billion yen)
Wuhan Tianhe Aerodrome Construction Project (6.3 billion yen)
Xi’an Xianyang International Airport Terminal Expansion Project (3.09 billion yen)
Beijing-Qinhuangdao Railway Expansion Project (87.0 billion yen)
Guiyang-Loudi Railway Construction Project (30.0 billion yen)
Chongqing Urban Railway Construction Project (27.1 billion yen)
Beijing Subway Construction Project (19.7 billion yen)
Datong-Qinhuangdao Railway Construction Project (18.4 billion yen)
Hangzhou-Quzhou Expressway Construction Project (30.0 billion yen)
Liangping-Changshou Highway Construction Project (24.0 billion yen)
Xinxiang-Zhengzhou Highway Construction Project (23.5 billion yen)
Guiyang-Xinzhai Highway Construction Project (15.0 billion yen)
Heilongjiang Heihe-Beian Road Construction Project (12.6 billion yen)
Qinhuangdao Port Expansion Project (67.4 billion yen)
Qingdao Port Expansion Project (59.7 billion yen)
Huanghua Port Construction Project (15.4 billion yen)
Shenzhen Dapeng Bay Yantian Port 1st Phase Construction Project (14.7 billion yen)
Dalian Port Dayao Bay 1st Phase Construction Project (6.7 billion yen)
Tianshengqiao Hydroelectric Power Project (118.0 billion yen)
Jiangxi Jiujiang Thermal Power Plant Construction Project (29.6 billion yen)
Wuqiangxi Dam Construction Project (25.2 billion yen)
Shanhe Thermal Power Plant Construction Project (24.6 billion yen)
Beijing Shisanling Pumped Storage Power Station Construction Project (13.0 billion yen)
Weihe Chemical Fertilizer Plant Construction Project (26.9 billion yen)
Inner Mongolia Chemical Fertilizer Construction Project (21.4 billion yen)
Jiujiang Chemical Fertilizer Plant Construction Project (21.4 billion yen)
Shanghai Baoshan Infrastructure Improvement Project (31.0 billion yen)
Environment Model City Project (Guiyang, Chongqing, Dalian) (30.7 billion yen)
Ningxia Afforestation and Vegetation Cover Project (8.0 billion yen)
Xiang River Basin Hunan Environment Improvement Project (3.1 billion yen)
Beijing Sewage Treatment Plant Construction Project (2.6 billion yen)
Inland Higher Education Project (88.8 billion yen)

There’s a lot more, but you get the point.

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