Today the Telegraph reports that Chinese officials are scrambling to protect their business interests in Libya after rebel leaders suggested that they could give a cold shoulder to countries that didn’t help the revolution. The Telegraph quotes an official at the Libyan oil firm Agoco as saying “We don’t have a problem with western countries like the Italians, French and UK companies. But we may have some political issues with Russia, China and Brazil.”With political power seemingly within reach for the Libyan National Transition Council, it will be interesting to see whether countries that assisted in the revolution (or jumped on the bandwagon earlier rather than later) will win lucrative contracts.This applies within NATO countries as well. Italy, readers of this blog might remember, was late in offering support for the revolution. Berlusconi was the first to suggest a political solution that would allow Qaddafi to remain in power. France, on the other hand, jumped right on the rebel bandwagon. The Italians, with historical colonial ties to Libya, quickly viewed the revolution as a threat to their oil and other business interests. The French, on the other hand, saw an opportunity to supplant themselves at Italy’s expense. Total, the French oil company, could end up winning new contracts with Libyan companies over their Italian competitors.Money, however, talks, and it is likely that the ruffled feathers and wounded dignity of Libya’s officials can be smoothed and soothed by traditional methods. China and Italy will no doubt do their best.