CHINA AND ANGOLA: THE RISKS OF A STRATEGIC PARTNERSHIP

Liviu-Stelian Begu (), Ramona-Ioana Berghezan () and Mirela Paiu ()
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Liviu-Stelian Begu: Bucharest University of Economic Studies, Department of Statistics and Econometrics
Ramona-Ioana Berghezan: Renault Romania, Department of Statistics and Marketing Research
Mirela Paiu: Bucharest University of Economic Studies

Journal of Social and Economic Statistics, 2015, vol. 4, issue 1, 65-75

Abstract: These days Africa is seen as a large market with high potential for development. Furthermore the resource-rich countries have received increasing attention from the major economic powers in the recent years. China became Africa’s largest trading partner after massive investments in many countries’ infrastructure. On the other hand these countries supply primary energy which is vital for China’s fast-growing economy. This paper focuses on the partnership between China and Angola and follows the evolution of China’s investment risk in Angola from 2000 to 2012. This analysis includes factors with impact on recouping China’s investment in Angola. These factors are indicators for the economic, social and political situation of Angola and their evolution correlates with the crude oil export to China.

Keywords: Investment Risk; Crude Oil Flow; Africa Rising; Weighting Factors; China; Angola (search for similar items in EconPapers)
JEL-codes: C43 F14 I38 J71 O11 (search for similar items in EconPapers)
Date: 2015
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