China said it is ready for consultations with India over reform of the UN Security Council. During a media briefing, Chinese Foreign Ministry Spokesman Hong Lei said that China values India's status in the international affairs and understands India's aspirations to play a greater role in the United Nations and is ready to keep contact and consultations with India and other member states on the issues of Security Council reform.US President Obama's endorsement of India's membership leaves only China to take a stand on the issue as the other four of the five permanent members – US, Russia, Britain and France have already conveyed their support for New Delhi's elevation to the organ of the world body.