A turning point in relations
OPEC announced today that its second high level meeting with China produced good will all around and it listed agreements between the countries as to the development of oil resources and sharing technologies to do so.

“Both parties agreed that the meeting marked a turning point in relations between China and OPEC. The importance of China as a major consumer and producer of oil, as well as an engine of global economic growth, makes intensified cooperation between both parties a necessity. This is not only in the ...

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