The tumbling oil prices on 12thJanuary might have wrecked market psychology.

ANBOUND's research team points out that the historic slump in international oil prices have turned a new page in the history of crude oil.

It is likely that due to the sharp decline in oil prices, countries which have relied heavily on oil production will see gradual changes to their fiscal revenue, industry structure and geopolitical situation.

Being one of the major stakeholders, China should follow closely on the changes and make necessary adjustment to its strategy.