[Photo/Xinhua]UNITED NATIONS - The United Nations Security Council has condemned the latest missile launch by Pyongyang and urged a peaceful solution to the crisis on the Korean PeninsulaWe should engage in meBOB988aningful negotiations," he told reporters after the consultations"Chinese ambassador to the United States Cui Tiankai said Friday "both China and the United States benefit from bilateral trade, so efforts to undermine Sino-US trade, or even slapping sanctions on China, I think would be off-targetTo ease tensions, China has been committed to a peaceful solution by supporting Security Council sanctions on one hand, and on the other proposing initiatives which aim to suspend hostilities by both Pyongyang and WashingtonThe ambassadorBOB988 said the US should refrain from issuing more threatsInstead, Washington should do more to find effective ways to resume dialogue and negotiations