[S.T.D.]

From the Muslim Brotherhood's official English language website:
From news article:
Egypt has officially rejected conditional US aid worth USD 150 million in light of US economic support to Egypt, helping it overcome its economic woes and support the process of democratization in the post-January 25 revolution.

The cabinet says the US aid is unnecessary and rejects US unilateral resolutions with regard to the US direct funding assistance mainly to the Egyptian private sector, Civil Society Organizations (CSO) and NGOs, arguing social justice is one of the more prominent roles that the country and businessmen should be committed to.

[Paul Bunyan]

Now China starts to make it's moves.

[PhillipHer]

In short, they would no doubt accept US funds to help bankroll the Egyptian military, but chafe at any constraints on how US funds are disbursed on the political and social levels. This strongly suggests a negative reaction to any US insistence on transparency in regards to a democratization process.