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China has finally recognized The National Transitional Council (NTC) as Libya’s official governing authority, making them the last member of the U.N. Security Council to do so.
In recent months, China had refused to end support for the former dictatorial regime and had reportedly attempted to sell weapons to Gadhafi Loyalists in effort to help squash the democratic uprisings. With Gadhafi on the run and the rebels now clearly in control of the vast majority of the country, China decided to shift its support behind the Libyan rebels and outline its plan to help with Libya’s reconstruction; based on what is being referred to as a “win-win relationship.”
Foreign Ministry Spokesman, Ma Zhaoxu released a written statement which indicates that “China respects the choice of the Libyan people and attaches great importance to the status and the role of NTC, and has kept in close contact with it.”
The production of oil in Libya has all but stopped since the conflict started in February, and though China claims that its policy on Libya is “not designed to seek its own interests but is entirely in the interests of bilateral relations as well as peace, stability and development in the region as a whole,” some people feel that China’s motives are not exactly what they appear to be.
China is the world’s second largest consumer of oil, and before the conflicts started in Libya, 11 percent of the 1.5 million barrels of oil produced per day was being shipped to China. With its support now firmly behind the NTC, some believe China is placing itself in a position to continue to obtain Libyan oil.