China's Foreign Ministry has released a 12-point position paper advocating for a political solution to the Russia-Ukraine conflict. The paper stresses the need for respecting sovereignty, halting hostilities, and stabilizing supply chains, among other key points. With its emphasis on dialogue and restraint, the position paper provides a promising way forward toward deescalation and a comprehensive ceasefire. To learn more about this critical global issue and its potential implications, watch this episode of BizBeat as CGTN's Aaron Liu explains.