Leaders: Japan loan will not affect ties with China - Nation | The Star Online Leaders: Japan loan will not affect ties with China

PETALING JAYA: Japan’s offer of RM7.4bil in Samurai bonds is not intended to repay Malaysia’s existing debts nor will it jeopardise its relations with China, said leaders.

Is Shinzo Abe offering Japan’s Samurai bonds as a foil against China’s debt diplomacy?

Japan’s prime minister is offering 200 billion yen (US$1.75 billion) in aid to help wean Malaysia off its financial dependence on China’s loansMoney is fungible, and governments borrowing money in global bond markets are free to direct those funds to projects