There is a lot of potential for China to import more crude oil from Russia.

China would regard Russia as the primary alternative source, and OPEC is worried about that.

China would regard Russia as the primary alternative source and OPEC is worried about that.

With the world facing historically high crude oil prices, China's labor cost advantage becomes even more precious because no other country can control operating costs and keep them as low.

The Kazakhstan-China crude oil pipeline is also an important catalyst to push oil business cooperation between the two countries.

Actually, China is not very satisfied with OPEC.