Recognition

The head of Libya's National Transitional Council said China is obstructing Libya's frozen assets because China is bargaining hard to protect her interests in Libya.A Chinese FM spokeswoman later said China has no problem with releasing the frozen assets "in principle", but wants to be more clear on the use and oversight of the funds "in the spirit of being responsible to the Libyan people", an ironic remark made at the time when she struggled to explain China's reported offer of weapons to the Gaddafi regime.