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Advisor(s)
Abstract(s)
This chapter seeks to provide a multi-layered analysis of Chinese-Angolan relations and the role of China in Angola today. The first section outlines the principal characteristics of bilateral economic relations with a focus on external trade, foreign direct investment and the proliferation of public works made possible by the opening of Chinese credit lines. Over the past three years, this emphasis on public works has turned Angola into a veritable building site with the potential to transform the infrastructure that is indispensable for national development. While mostly concerned with a description of the Chinese presence, this section places it within the context of Angolan politics and brings out the domestic implications of what is defined as a ‘perfect marriage’ of convenience for Angolan elites and Chinese investors alike. The second section raises important questions regarding the long-term nature of Angolan-Chinese relations. Through examination of the likely economic, political and social developments in Angola, future challenges concerning the reception and consolidation of a Chinese presence in the country are discussed.
Description
Keywords
Foreign Direct Investment Bilateral Economic Relations China - Angola External Trade Chinese Credit Lines Economic, Political and Social Development China Angola
Pedagogical Context
Citation
Ferreira, Manuel Ennes .(2008). “China in Angola: just a passion for oil?”. In China Returns to Africa A Rising Power and a Continent Embrace, Alden, Chris; Daniel Large and Ricardo Soares de Oliveira (Eds.).. Chapter 15: pp. 195-317. Columbia University Press, New York, US,. 2008
Publisher
Columbia University Press