Thursday, August 20, 2015
Angola's Economic Problems Highlight Ties to China
The Institute for Defense Analyses Africa Watch published on 20 August 2015 an analysis titled "Angola's Economic Problems Highlight Ties to China" by George Ward. Oil accounts for 90 percent of Angola's exports and much of it goes to China. The drop in the price of oil has harmed Angola's GDP and put a strain on China-Angola economic relations.