Chinese alternative to Olive Oil?
Nothing else is going to taste like extra-virgin olive oil, but extra-virgin isn't necessary for cooking at all. As a matter of fact, the smoke point of extra-virgin olive oil is so low that it's not often used for cooking. For cooking with olive oil, usually the choice would be "refined" or "pure" olive oil. Honestly, those don't taste like much. So whatever neutral oil you usually use (soybean, canola, peanut and vegetable are a few options) will work just fine.