chinese (and other) interests in angola

I was getting sick of the talk about coloured diamonds, the politics are more interesting and more important.

A few comments and some links for those who are interested.
1. Angola is the second largest sub-saharan African country behind Nigeria for oil exports. 1.8million bpd in 2010; 40% of its gdp is from oil. Most goes to the USA and China.
http://www.mbendi.com/indy/oilg/af/an/p0005.htm
- the chinese view-
http://www.china-briefing.com/news/2011/05/25/the-china-angola-partnership-a-case-study-of-chinas-oil-relationships-with-african-nations.html
- the western view (the economist) -
http://www.economist.com/node/21525847
(the comments at the end 350+ of them, are worth a quick scan for a taste of the heat and vitriol.... a collection of comments from western apologists, sino sock-puppets, nigerian ax -grinders, south african pan-africanists.....it makes HC look tame).

2. Angola is now China's biggest African trading partner.

3. Angola scores badly in terms of governance and corruption: corruption perception index 2.0/10 and the Ibrahim index of Africa Governance rank 44th of 48. This will not be news to most of you.
http://en.wikipedia.org/wiki/Ibrahim_Index_of_African_Governance
http://en.wikipedia.org/wiki/Corruption_Perception_Index
http://www.business-anti-corruption.com/country-profiles/sub-saharan-africa/angola/?pageid=386

4. Does the trickle down theory of wealth work in practice? The Angolan experience suggests otherwise. In Luanda few than 1 in 10 people have running water but hotels can still cost $400 a night -
http://www.economist.com/blogs/multimedia/2011/02/poverty_and_wealth_angola

5. Chinese buying has overtaken the USA for Angolan diamonds
http://www.globes.co.il/serveen/globes/docview.asp?did=1000649762&fid=1725

6. Chinese interests in Diamond mining
now have an 18% stake in Catoca
http://www.globes.co.il/serveen/globes/docview.asp?did=1000649762&fid=1725.

7. More on the Leviev connection to Angola
http://rough-polished.com/en/expertise/56076.html
http://rumafia.com/person.php?id=78
www.africanpeople.it/documenti/africa-asia%20confidential.doc

8. Lets not forget landmines. Angola is the third most landmined country in the world after Cambodia and Afghanistan
http://www.dawn.com/2011/04/28/landmines-still-plague-angola-as-aid-dries-up.html


So how can Lonrho a small Aussie diamond explorer with one hand tied behind its back compete with potentially more unscrupulous competitors, to develop a potentially world class resource that doesn't stiff the locals but includes them, not just the corrupt ruling class in Luanda?