President João Manuel Gonçalves

and shipments have begun to decline. The “Angolan model” of collateralizing oil for loans has become increas- ingly difficult to sustain. Angolan President João Manuel Gonçalves Lourenço, who took over in 2017, has taken new initiatives during the economic recession and cracked down on the previous administration and its corruption, seeking to restructure external relations. I will consider why and how China invested heavily in Angola’s oil sector, and how the relationship between China and Angola has changed under the new Angolan administration. The “Angolan Model” and Petroleum สล็อตเว็บตรง

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