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Why is Japan willing to provide low-interest and interest-free loans to China?

Because China’s abandonment of Japan’s postwar war reparations was actually caused by pressure from major powers. Although Japan differs from Germany in its attitude towards war reflection, it still feels guilty towards China and other countries. Therefore, it has provided China with huge ODA state aid loans, which are not only low-interest or interest-free, but also huge. The credit does not need to be repaid. This money played an important role in China's economic take-off.