HOME


ABOUT CRGP
MEMBERSHIP
PEOPLE
RESEARCH
PUBLICATIONS
EVENTS
NEWS
  CRGP News
  Global Projects Blog
  Global Projects RealNews






« China's Four Insurers Launching Infrastructure Investment | Main | Super money forced offshore - Australian infrastructure funds »

June 23, 2006

China and Angola Strengthen Bilateral Relationship

Source: Power and Interest News Report

China's relations with Angola have traditionally been friendly due to the fact that both countries were and still are ruled by Marxist Leninist regimes, but until recently China's presence in the country was rather insignificant. In the last five years, however, China's influence in the country has grown rapidly. From a marginal position in Beijing's foreign policy priorities, Angola has moved to the forefront of China's foreign relations. Today, Angola is China's most important partner on the African continent. Angola's importance lies in the fact that it is the second-largest oil producer in Africa and is home to one of the world's largest diamond fields and other precious stones such as rubies and emeralds.

Full Story...

Posted by pichu at June 23, 2006 3:38 PM