After months of apparent reluctance to engage with Kyiv on the same level as Moscow, China said Wednesday that it will send special representatives to Ukraine and hold talks with all parties on resolving the crisis there.

Chinese state media said that President Xi Jinping told his Ukrainian counterpart President Volodymyr Zelenskyy in a phone call that Beijing will focus on promoting peace talks between Ukraine and Russia, and would make efforts for a cease-fire to be reached as soon as possible.

Commenting on the call, which he described as “long and meaningful,” Zelenskyy said he believed it would “give a powerful impetus to the development of our bilateral relation.”

Ukraine has been waiting for an audience with Xi since the start of Russia’s invasion of Ukraine, and particularly after Xi’s recent visit to Moscow in March.

In other news, Russian President Vladimir Putin signed a decree Tuesday establishing temporary control of the Russian assets of two foreign energy firms, a sign that Moscow could be prepared to take similar action against other foreign companies.

Source : CNBC

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