The India-China border clash has also encouraged boycotts of Chinese products in India which is set to impact the economy. This comes at a time when the hospitality sector is already reeling from the impact of the COVID-19 pandemic.

"Russia played a low-key, but useful role in reducing India-China tensions after the June 15 episode. The capture of the Indian army men had cast a shadow on the Russia-India-China meet, with New Delhi finding it difficult to attend the meet, under those circumstances," said a source.

China has warned Canada and the UK and said Beijing would retaliate over the country's response to a new national security law in Hong Kong. 

India, China have agreed to withdraw their frontline soldiers from the Line of Actual Control after elongated discussions between Indian NSA Ajit Doval and Chinese Foreign Minister Wang Yi. Experts have questioned - who will withdraw first - Indian or Chinese soldiers?

India-China military standoff.: Exploiting India's vulnerabilities is an essential element of China's "contain India" policy". Experts believe that Pakistan has been undoubtedly the largest beneficiary of the indo-Sino conflict.