China keeps a close watch on the situation in Ukraine and calls to reticence

"We are observing the situation in Ukraine very closely. We hope that all the parties show restraint to prevent escalation of the conflict. The only way out is a political resolution," said the deputy minister of foreign affairs of the People's Republic of China Li Baodong after the referendum conducted in the Crimea.

He has emphasized that China regards imposing sanctions against Russia to be the worst way of conflict resolution. At the same time the representatives of the People's Republic of China express desire to continue "friendly cooperation" with Ukraine and note that they respect its independence and territorial integrity.

On Saturday, March 15, in the UN Security Council Russia vetoed the draft resolution, which recognized the referendum in the Crimea as illegitimate. Thirteen members of the council voted for, while China abstained.

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