Neighbours

Hindi Chini bai bai. This slogan has not stood to the test of time, which was realised by India in 1962 war with China.
In early post Independence era India took China for granted and ventured to expand its boundaries with China under forward policy. At that time China remained silent. But with the passage of time in 1962 war China rebuffed India violently and grabbed the major chunk of  land from India and still the border dispute remained unresolved.India was not able to take cognizance of sitiuation seriously and solve the dispute diplomatically. Either the experts on Chinese studies proved wrong or they were not consulted by diplomats and politicians at that time.
Now the thirst of China for expansion has increased tremendously and it is very difficult to solve border dispute with China  diplomatically which has been proved by the recent visit of Chinese President to India ,who after relishing Gujarati thali with our PM, alerted the army at home by saying that they should be prepared to win   the expected regional war.
Japans financial as well as technical support to China for the last two three decades has made the China what it is today. But still China is not compromising with Japan on border issues which has made the relation between the two countries very bitter now.
The recent decision taken by our PM by visiting Japan and assurance of good will sought therefrom has made China angry and the later is pressurising India by making more incursion of Chinese troops in Indian side of border. Because China will never be happy by increasing good relations between India and Japan and will always look at it as an attempt to contain China.  And that may be true also.
China is eager to do business with India as India is a big market for Chinese goods and  it has already taken lions share from Indian market. But it will never relent on border issues with India. Moreover border issues can not be solved so easily with China because of its expansionism policy.
Therefore. it is good for India to continue business with China, lower the  balance of payment  gap   and accept the investment from it , but remain militarily prepared for any exigency which may arise any time.