From the Washington Post:
China said Tuesday that a draft U.N. resolution on North Korea backed by the United States was an “overreaction” to the country’s recent missile tests and that the proposed sanctions would likely complicate efforts to restart negotiations on Pyongyang’s nuclear program.
The declaration, read by a Foreign Ministry spokeswoman, suggested that Chinese officials believe the best way to deflate tensions in the region is to get North Korea to return to six-party talks on nuclear disarmament, regardless of whether the Stalinist nation pledges to refrain from further missile testing. [Full text]
For more on China-North Korea relations, see this backgrounder from the Council on Foreign Relations.