Ye Kai made up his mind from the bottom of his heart that he could not let the Japanese yen Oda be used as an investment and used to deceive the people in Shengwang New District, so he had to resolutely stop this matter. Baidu Search Quickly enter this site without pop-up ads
However, it is not Ye Kai's style to give back the money that is delivered to his door. For sugar-coated bullets, the best reward is to peel off the sugar-coating and eat them, and return the bullets as they are.
So he thought about it and decided that this matter still needed to be combined with the needs of the upper level and the needs of the grassroots, to kill this matter, and at the same time find a way to retain the funds.
So he called Ye Ziping and asked about the Yen oda.
"Oh, you're talking about this. This should be an inter-governmental action." After hearing this, Ye Ziping became more aware of the matter. "A while ago, Baosteel just received a large sum of yen.
At the same time, some public facilities also received varying amounts of yen oda.”
"How should the nature of this yen oda be defined?" Ye Kai asked.
He is still a little confused about the nature of Japanese yen Oda. It feels like a bank loan and a government action, and there is also a part of the gift. The interest on the remaining part is also very low, and the cycle is long. It is not like that at all.
It is a profit-making loan.
"It's a long story. No wonder you don't understand it." Ye Ziping replied, "If we want to trace the origin, we have to start with Japan's defeat in the war."
"Has it been that long?" Ye Kai laughed immediately after hearing this.
As far as he knew, the Yen ADA was only started after the reform and opening up. How could it be traced back to Japan's defeat in the war?
"Speaking of the Japanese yen loan plan, we have to talk about Japan's unspeakable secret: post-war reparations." Ye Ziping said to his son, "In 1951, with the outbreak of the Korean War and the start of the Cold War Iron Curtain, the United States decided to return this yen to Japan.
The bridgehead of the Far East has a sovereign status. In September of that year, representatives of 52 countries gathered in San Francisco to hold a peace conference with Japan. Except for the Soviet Union, Poland and Czechoslovakia, most of the participating countries signed the "San Francisco Peace Treaty". This peace treaty not only ended
During Japan's occupation era, the relationship between the United States and Japan based on the military alliance was established, and Article 14 of the treaty also specifically stipulated that participating countries waive the right to demand war compensation from Japan."
"But this peace treaty is far from complete, let alone thorough. Because our country refuses to recognize it, the Philippines even proposed to boycott the peace treaty, and many Asian countries such as North Korea, Myanmar, Mongolia, Vietnam, and Indonesia also expressed their opposition.
This has cast a heavy shadow over Japan's diplomacy in Asia, and its potential impact extends to today. Baidu Search Quickly enter this site without pop-up ads"
"Another factor that prompted the yen loan plan was the temptation of overseas markets. In 1954, Japan's various economic indicators had exceeded pre-war levels. Obtaining overseas resources and returning to overseas markets became a top priority. With a large population and industrial
Backward East Asia is its main dumping target for low-cost goods. As a result, the "San Francisco Peace Treaty" has become the biggest obstacle for it to occupy these markets."
"For this reason, in 1954, Japan joined the British-led Colombo Plan, which was aimed at assisting Southeast Asia. Since then, it has adopted a strategy of treating each country separately and making breakthroughs in order to melt the ice in Asia."
“For countries that have a tough attitude and insist on compensation, such as Myanmar, the Philippines, Indonesia, and South Vietnam, it promises year-by-year compensation; for countries that give up compensation, such as Laos, Cambodia, Thailand, Malaysia, Singapore, South Korea, etc., it has signed
A quasi-reparation agreement was the provision of free aid; finally, in February 1958, a newer, more honorable approach emerged by signing a yen loan agreement with India."
"At least in name, this is intergovernmental aid that has nothing to do with war reparations."
"Oh, if you put it like that, I understand." After listening to this, Ye Kai finally understood the cause and effect of this Yen oda, and he also had a clearer understanding in his heart.
In other words, like so-called free aid, yen ODA loans are just a variant of war reparations.
Relying on compensation, "free aid" and Japanese yen loans, Japan conquered cities and territories in various Asian countries over the next decade or so. By the early 1970s, it had become a global economic power second only to the United States.
In this regard, Nakagawa Rong, the former Japanese ambassador to the United Nations who has been involved in reparation negotiations for a long time, said frankly, "Combining war compensation with economic assistance has played a positive role in my country's expansion of trade."
Finally, in the early 1970s, Japan set its sights on the Republic.
"When China and Japan established diplomatic relations, they gave up their demand for war compensation from Japan." Ye Ziping said, "This naturally greatly accelerated the diplomatic process at that time, but it also caused endless debate. At that time, our foreign exchange reserves were very tight, and domestic
There is also a great need to import steel, fertilizers and complete sets of equipment from Japan. Sino-Japanese trade has grown rapidly, but we can only exchange scarce oil resources for everything else."
This is definitely very disadvantageous, and this situation must be changed.
"When the chairman of Toshiba Corporation led a joint delegation of Japanese business groups to visit China and sign the China-Japan Long-term Economic Agreement, Chinese leaders talked about the great need for Japanese funds, but the interest rates were too high," said Ye Ziping, "
The Japanese side immediately stated that the OECF, which is responsible for the Japanese yen loan plan, is willing to provide the Republic with as much help as it can with low interest rates and long-term preferential conditions."
"But Oda's application principle is that the recipient country must first apply for a loan. This touches the political bottom line of self-reliance that we have always emphasized for decades." Ye Ziping said, "So this matter stopped."
"Oh, this is a matter of face." Ye Kai nodded, thinking that it would be a big problem for the Chinese at that time to admit that they needed to borrow money from the Japanese.
"It's not just a matter of face. In the 1960s, the Soviet Union tore up the aid agreement with China, which caused huge damage to our economic construction. It also cast a shadow on our overall understanding of foreign aid. After that, we took measures to provide loans to foreign countries.
, investment and aid will not be accepted, and there will be no domestic debt or foreign debt." Ye Ziping said.
"At that time, we had neither domestic debt nor foreign debt, which was a very proud thing for us. However, from a practical perspective, this idea was actually very conservative and extremely detrimental to economic construction," said Ye Ziping, "
It was not until Comrade Fang He visited Japan that the ODA project reached a critical turning point. After visiting the Shinkansen in Japan, he was deeply moved and said that high-value loans should be carried out between governments, and issues that the private sector cannot solve should be done by the government.
It was resolved within a short period of time, indicating that the Republic could accept intergovernmental loans, and this matter began the next year.”
However, this matter is also full of twists and turns. Due to domestic legal restrictions and financial constraints, the United States has no intention of providing long-term low-interest loans to China. However, it is very concerned about Japan's trends. It has criticized Japan for taking the lead in lending to China and even warned Japan.
, it is okay to lend money to the Republic, but the Republic can use these loans to purchase from the United States and other countries, and Japan cannot stop it.
ASEAN countries have also expressed concerns and protests, believing that Japan's loans to China will lead to a significant reduction in aid to them, and are even more worried that the Republic will become a strong trade competitor from now on.
Not only that, the Soviet Union also challenged Japan on this matter and even expressed strong dissatisfaction.
It was precisely because of the obstruction of various countries that the country realized the great significance of the Japanese Yen ODA loan to the economic development of the Republic.
"Deputy Director Xie of the State Foreign Investment Commission was initially solely responsible for this matter. After cumbersome procedures and dealings, they finally implemented a loan of 50 billion yen in the first year. However, during the actual implementation, they faced countless obstacles.
and difficulties." Ye Ziping said, "The most important difficulties are: first, the lack of domestic supporting funds and China's constant changes in plans; second, some leaders believe that borrowing money is to introduce money into the country for use, rather than using it to buy technical equipment to accelerate domestic use.
Construction. The unconventional methods and the cumbersome specific operation process made the people who were actually working on it work day and night. Until one day, Deputy Director Xie collapsed at his desk, exhausted and suffering from myocardial infarction. His colleagues entered the office.
Found..."
When Ye Ziping mentioned this matter, he also looked a little sad.
However, due to its long duration and huge amount, ODA against China has become a long-term and enthusiastic topic in the Japanese media.
Whenever there is a diplomatic friction between China and Japan, the media will always bring up the China Oda and hype it up.
The Japanese side has repeatedly emphasized that its aid to the Republic comes from private taxes, criticizing Japan's aid to China as political donations from some pro-China politicians to the leaders of the Republic. However, the Republic has accepted "blood tax" aid from Japanese citizens, and instead of being grateful,
Instead, they intentionally concealed the truth about Japan’s aid to China from the people and continued to carry out anti-Japanese propaganda.
"Everything has two sides." Ye Kai said after hearing this, "Through the yen oda, the Republic has certainly received development funds, but Japan has also opened up the Republic's market. It is just a means of mutual benefit. If it involves politics,
The above is a bit sinister. Speaking of which, since an agreement has been reached, no one owes anyone anything, and it is all written down on paper whether they will suffer losses or take advantage."
But having said that, Ye Kai still asked about the process of this matter very carefully, and then asked how Zi Ping messed up Hu Han's matter?
"We can change the direction of investment, for example, deny investment in the steel industry and chemical industry, and turn to public welfare industries such as environmental protection and infrastructure construction, etc." Ye Ziping suggested, "Anyway, Yenda is mainly oriented towards these directions now.
Yes, Hu Han just borrowed shell companies to convert the money into investments to fool people, you can just let him steal the chicken but lose the rice."
"That's right." After hearing this, Ye Kai felt that this was indeed a good idea.
There has been a tense situation between China and Japan recently, and some people are talking about Japanese yen loans, as if the Japanese are Lei Feng. After reading this chapter, everyone should have a better understanding of this matter. One wants to develop funds, and the other takes the opportunity to occupy the market.
