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Digital Archive International History Declassified

November 09, 1986

CABLE NO. 3773, AMBASSADOR NAKAE TO THE FOREIGN MINISTER, 'THE PRIME MINISTER’S VISIT TO CHINA (MEETING WITH PREMIER ZHAO - FUNDING COOPERATION WITH CHINA)'

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    Discussions of the Second and Third Yen loans. China would like to move up the third loan by a year.
    "Cable No. 3773, Ambassador Nakae to the Foreign Minister, 'The Prime Minister’s Visit to China (Meeting with Premier Zhao - Funding Cooperation with China)'," November 09, 1986, History and Public Policy Program Digital Archive, 2017-0638, Act on Access to Information Held by Administrative Organs, published online by the Ministry of Foreign Affairs of Japan, January 12, 2017. Translated by Stephen Mercado. https://digitalarchive.wilsoncenter.org/document/219975
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    https://digitalarchive.wilsoncenter.org/document/219975

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Number: [blacked out]

Primary: Asia China

Sent: China, November 9, 1986 [blacked out]

Received: MOFA, November 9, 1986 [blacked out]

To: The Foreign Minister

From: Ambassador Nakae

The Prime Minister’s Visit to China (Meeting with Premier Zhao - Funding Cooperation with China)

No. 3773 Secret Top Urgent [blacked out] Outgoing Telegram 3770 Separate Telegram 3 (Premier Zhao Ziyang) 1. Regarding the Second Yen Loan, whose policy you made clear, Prime Minister, at the time of your previous visit to China, each of the projects is moving forward smoothly. After that visit, several problems arose due to changes in circumstances and such. Through friendly talks of the departments involved, however, there was no problem in solving them. As before, we highly appraise Sino-Japanese funding cooperation. We recognize that its smooth progress has been important for the strengthening and development of relations between our two countries. We thank the Government of Japan for its aid and hope for the expansion of cooperation now and over the long term.   2. Regarding the Third Yen Loan, we would like to present the following three points, which are the results of our examination. We do not expect an answer today, so we would like you to examine them henceforth. (1) We would like you to move up the period of the Third Yen Loan by a year, starting not in 1989 but in 1988. [as the other party stated it] (2) We hope that there will be visible a relatively large expansion in the number of projects and amounts in the Third Yen Loan. (3) We would like you to expand the range of use. In addition to the building of infrastructure and such to date, we would like you to include plans for steel, petrochemical complexes, and export production bases among the objectives. 3. As a proposal on funding cooperation, we hope for special low-interest loans for the construction of export production bases in order to work for the expansion of Chinese exports to Japan. (Prime Minister Nakasone) The plan for export production bases in the Third Yen Loan is a new issue, so I would like to examine it well after returning to Japan. (End)

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