Sunday, February 5, 2012

Current Event 2/05/12

http://www.washingtonpost.com/business/china-sends-team-of-government-officials-to-libya-to-look-at-post-war-reconstruction/2012/02/05/gIQAvmo7qQ_story.html

This article talks about how China is now sending a team of government officials into Libya to look into post-war reconstruction after the fall of Gaddafi. The conflict between the rebels and Gaddafi began on February 15 2011 and ended when Gaddafi was killed on October 20 2011. During that time NATO forces were helping the rebels to help overthrow the totalitarian government that they were under. China however was was slow to support the rebels and was the last member of the U.N. Security Council to recognize the transitional council as the country's ruling authority. It only agreed to this when it was assured that business contracts negotiated under Gaddafi's rule would still be recognized. China has invested billions of dollars into Libyan projects over the past couple of years. This shows how China's foreign policy is starting to invest more into the international world and is continuing to have business interests around the globe. China could start to become the biggest economy in the world because of all its business conducted around the globe.       

No comments:

Post a Comment