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

Chequebook diplomacy is gaining ground in Asia as China, Japan and the United States compete for economic and strategic influence in the region.
The latest case is Japanese Prime Minister Shinzo Abe’s offer of 200 billion yen (US$1.75 billion) in aid to help wean Malaysia off what has become its financial dependence on China.
Malaysia will use the aid, in the form of a loan, to replace some of its debt to China, whose lending to Malaysia and others for the Belt and Road Initiative has…