Japan plans to end its main form of aid to China by 2008, given its neighbor's growing economic and military clout, according to the Japanese daily Yomiuri Shimbun, citing government sources. Japan currently provides 90% of its aid to China through low-interest yen loans, which will slowly phase out by the time Beijing hosts the 2008 Olympics. Since 1980, Japan's loans to China have exceeded US$29 bn to finance infrastructure projects.
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