Context: After a prolonged phase of playing cat and mouse, India and China last Friday declared a truce and the promise to end the brinkmanship.
Reasons leading to failure of the talks: Chinese history of being deceitful, double-speak and relentless pursuit of Middle Kingdom status (or the centre of civilization)
Setback for China:
Concerns for India
Conclusion: Two Asian majors have formally declared each other as rivals. India needs to assume that it will be at the receiving end of Chinese aggression—overtly and covertly.