Chinese Foreign Minister Wang Yi outlined three proposals for ending the war in Ukraine at a UN Security Council meeting: cease hostilities to prevent escalation, hold urgent dialogue as the “only viable way” to resolve the conflict, and prevent the crisis from impacting the global economy by avoiding sanctions and trade restrictions. He reaffirmed China’s consistent stance that all nations’ sovereignty must be respected, the UN Charter upheld, and legitimate security concerns addressed. Read also: Xi Jinping set to visit Russia in October for BRICS summit China-Brazil peace planBrazil and Chi…