China had previously admitted they had casualties but had not published the numbers. According to sources, this was the first time that Beijing admitted that a Chinese commanding officer was killed in border clashes.

It is hard to estimate whether Japan will be able to match China in terms of investment and risk appetite as 18 of India's 30 unicorns -- private companies with a valuation of at least $1 billion -- have a Chinese investor.

The elections in Kiribati are closely being monitored by the US and Australia since a victory for China means an increased stronghold in the Pacific Ocean, a region historically dominated by the US and Australia.

India-Russia ties are being tested again as Indian Defence Minister is expected to urge Russia to fasten the arms deal and the delivery of lethal S-400 missile defence systems.

Although border skirmishes occasionally erupt between China and India, the soldiers of the two nations haven't opened fire on each other for decades. If Indian soldiers use weapons against Chinese counterparts, the scenarios will completely change in border areas.