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Chinese companies in Angola record drop in turnover

Francisco Shen told Jornal de Angola that Chinese companies operating in the country had a turnover of US $ 2.86 billion in 2019, with investment in that year amounting to US $ 206 million.

“The first quarter of this year is being characterized by successive business losses in all private and state-owned companies in China in Angola, and due to the Covid-19 outbreak and the general economic situation, the number of Chinese citizens and entrepreneurs in Angola it is less than 50 thousand of the 200 thousand registered until the end of 2019 “, said the vice president of CCAC.

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