Show Less
Restricted access

China’s Economic Engagement in Africa

A Case Study of Angola

Sezgi Cemiloğlu

This book analyzes the growing influence of China in Angola. The author answers the question how and in what extent China has gained influence over the economic development of Angola since the end of the civil war in 2002. She presents the economic facilities of China in Angola from trade and investment to business transactions in the context of Andrew Moravcsik’s Commercial Liberalism Theory. To measure the extension of China’s economic influence through its way of investment (Angola-Mode) and a «no strings attached»-policy, not only the economic interdependent relations between China and Angola have become the focus of this far-reaching book. The author also discusses a process of gradual change of the relations of two rival powers – China and the USA – with Angola.
Show Summary Details
Restricted access

Chapter 4: The Impacts of the Bilateral Economic Relations on Angola’s Preferences

Extract



China’s engagement in Africa with the principle of non-interference in internal affairs of other countries and credits given in the scope of Angola Mode has changed the general understanding of many concepts inherited from Western countries. China emerged in Africa as a country that does not play a traditional and conventional role of foreign countries, ‘aid giver’, but rather acts as an economic partner. China has been praised by African scholars such as Dambisa Moyo for seeing African countries not as an ‘aid case’ but as an investment destination and an economic partner to diversify and advance their economies together.439

China’s influence in Angola surely is not limited with the mutations of the general understanding of a foreign country’s role in the African continent. China’s involvement in the Angolan economy resulted in widespread impacts on several areas, such as Angolan governing party, Angola’s socio-economic development, its labor market, its financial institutions, the environment, Sonangol’s global presence and the traditional economic partners of Angola.

4.1 The Impacts on the Angolan Governing Party MPLA

You are not authenticated to view the full text of this chapter or article.

This site requires a subscription or purchase to access the full text of books or journals.

Do you have any questions? Contact us.

Or login to access all content.