China has made large loans

China has made large loans to African countries with rich natural resources, especially Angola in southwest Africa. China provided 258 loans totaling US$45 billion to Angola, of which US$25.9 billion was invested in the energy sector from 2000 to 2022.1 Chinese loans to Angola amount to more than a quarter of the total loans to all African countries and make China the largest lender to Angola. In return, China has acquired African, and particularly Angolan, natural resources to meet China’s high domestic energy demands. สล็อตเว็บตรง