News > China In Talks With Russia To Buy Oil For Strategic Reserves

China In Talks With Russia To Buy Oil For Strategic Reserves

China is seeking to refill its strategic crude stock pipes with discounted Russian oil, a sign that Beijing is strengthening its ties with Moscow as the country stands alone after launching its military operation against Ukraine.

Foreign Minister spokesperson Wang Wenbin on Friday said, “China and Russia will continue to conduct normal trade cooperation in the spirit of mutual respect, equality, and mutual benefit.”