- Angola's economy is heavily dependent on oil exports, leading to macroeconomic instability and financial problems. China and India are becoming increasingly important trade and financing partners for Angola. - China provides cheaper financing than other sources and its investments in Angola are growing. Both China and India help diversify Angola's trade as their trade shares increase. - This new relationship reduces Angola's dependence on the IMF and countries in the Paris Club for financing and gives its leaders more flexibility in economic policymaking. However, the impacts on poverty and conditionality of this new financing are uncertain.