achieved rapid economic growth

Since the end of its civil war in 2002, Angola has achieved rapid economic growth by building infrastructure and accelerating oil development and its exports with the help of Chinese loans. Angola became the largest African exporter of petroleum to China. Angola has paid the majority of its debt to China in the form of extracted oil. This contractual arrangement, known as the “Angolan model,” has attracted international attention and criticism.2 Lucy Corkin has argued that despite the importance of the trading of oil for the Sino-Angolan relationship, the arrangement does not bode well for the relationship’s sustainability. สล็อตเว็บตรง