An aging, even failing, parent still carrying a grown-up child piggyback is about to stave off collapse by finally letting the child walk by itself -- at least for a short distance.

According to government sources, Japan may trim yen loans to China by 10 percent to 25 percent for the current fiscal year to March 31, reversing more than two decades of a continued increase in low-interest loans.

In yen terms, the cuts would be between 20 billion yen and 50 billion yen.