Loans to China

Japanese: 対華借款 - たいかしゃっかん

These are loans of funds made by foreign countries as a form of investment in China, but before 1949 they were used as a means for the great powers to acquire interests in China. After the establishment of the People's Republic of China, loans were mainly received from the Soviet Union, but loans disappeared due to the Sino-Soviet conflict and the subsequent Cultural Revolution. However, as part of the modernization policy adopted in the late 1970s, China began to actively accept loans, and continues to do so to this day. Loans to China can be divided into political loans (used for military expenses and reparations) and commercial loans (for promoting railways and mining and manufacturing).

Source: Heibonsha World Encyclopedia, 2nd Edition Information

Japanese:

中国に対する投資の一形態として諸外国が行った資金の貸付であるが，1949年以前は，列強の中国における利権獲得の手段として利用された。中華人民共和国成立後は主にソ連から借款を受けるが，中ソ対立に伴い，またその後の文化大革命により，借款は姿を消した。しかし，70年代後半からとられた現代化政策の中で積極的に借款を受け入れるようになり，現在に至っている。　対華借款の内訳は，これを政治借款(軍事費･賠償金に充当)と実業借款(鉄道･鉱工業振興)とに分けることができる。

出典　株式会社平凡社世界大百科事典第２版について　情報

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