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Country Report Angola Product Image

Country Report Angola

  • ID: 2114010
  • March 2015
  • Region: Angola
  • 24 Pages
  • The Economist Intelligence Unit

The Chinese Chamber of Commerce in Angola has called upon its members to work more closely with local partners.

According to a report by the Chinese state news agency Xinhua, the Chamber appealed to Chinese firms to adhere to both Angolan and Chinese laws in terms of employment practices. It cautioned against bribery in any form and urged a more sustainable approach to business building in order to bring "mutual benefits" to both countries. In addition, the Chamber suggested the creation of an oversight mechanism to supervise civil engineering works carried out in Angola by Chinese firms.

The Chinese private sector in Angola has grown at a rapid rate in the past decade, with many small firms setting up on the back of larger construction projects. The growth of Chinese small and medium-sized enterprises (SMEs) has not been without controversy, however. In part because of language barriers they are seen as operating outside of the mainstream system, and there have been allegations of labour malpractice against both local and Chinese employees.

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Country Report Angola

Calls to boost ties between Chinese SMEs and local firms
Impact on the forecast

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown


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