I am not sure if I would be as worried about steel products sourced from China vs. India. 

Some of the pipe for this project has been sourced from India. 

http://www.transcanada.com/5951.html

In my career as a steamfitter/pipefitter I don't recall ever seeing Chinese products fail and I have seen Indian products (flanges not pipe) fail.  We once had two flanges made in India fail pressure tests. They actually had pinholes in them. 

Take that for what you will.  Just personal experience from someone in industry.