Context: Recent MoU signed between Bhutan and China dented India’s concern over its strong ally, Bhutan.
History of Bhutan - India relationship
Shifting Bhutan-China relationship
Conclusion: Bhutan still wants to make its economic progress largely with the help of India. At the same time, it does not want the India-China rivalry to create problems for it. India, however, has to be careful as the boundary claims of China have been ever-expanding in the region.