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Vol 47 No 14

Published 7th July 2006


Angola

Beijing's embrace

Luanda finds Beijing's courtship flattering, strengthening and, above all, lucrative

Angola has become China's biggest oil supplier and its closest African ally. The 24-hour visit of Prime Minister Wen Jiabao to Luanda last month cemented the special relationship and announced an extra US$2 billion to China's existing $3 bn. credit-line for 'reconstruction and national development'. It is mainly, but not all, about business.

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