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Free AccessWang Yi: Four Proposals To Resolve Ukraine War
China Foreign Minister Wang Yi has told the United Nations Security Council that Chinese still opposes "unilateral sanctions" but has pushed for a resolution to the conflict.
- Per Laura Kelly at the Hill, Wang: "China's position on Ukraine is consistent and the clear. President Xi Jinping pointed out that the sovereignty, territorial integrity of all countries should be respected."
- Wang says that China has four proposals for "situation in Ukraine."
- 1: Dialogue and negotiations without preconditions.
- 2: "Work together for de-escalation and exercise restraint and avoid escalating tensions" and safeguard nuclear facilities.
- 3: "Ease humanitarian situation" and investigate violations without bias.
- 4: "Contain spillovers" to stabilize the energy and food markets.
- Wang concludes: "The Ukraine crisis is closely linked to the international situation [...] must accommodate the legitimate concerns of all parties, abandon hegemonism and power politics and prevent any form of hot war, or the so-called New Cold War."
- Ukraine unlikely to be pleased with emphasis on negotiating without preconditions but Wang stopped short of providing an endorsement of Putin's escalation of the conflict. Wang also outlined the CNY35mn of humanitarian supplies that China has provided to Ukraine and pointedly referenced respecting territorial integrity as Russian prepares to annex Ukrainian territory.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.