TrueSpirit
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This is important since China takes comfort that if trade booms, then other countries will drop their difference with China
However, for such people they should not forget that that China settled its border differences with Russia, Myanmar, Tajikistan, Kyrgyzstan and others when it had no worthwhile trade ties with them, and is currently asserting its territorial claims on Japan and other Southeast Asian countries when its trade and investment ties with them are flourishing.
Nice observation, Sir.
My personal belief: In context of the countries that China settled its border differences with, China would have negotiated from a position of strength & got the other party to concede disputed territories, forego their historical/documented claims, extracted viable concessions & in a subtle but diplomatically acceptable way, coerced them to compromise on their territorial integrity (with or without the other party realizing/accepting the reality). They never had much of an option against an assertive China, at least, no option that can be exercise safely without facing apt repercussions.
It would have been in the larger interest of the other parties to give seemingly minor territorial concessions in lieu of being in good books of a rising World power in their immediate neighborhood.
So, China has all sorts of leverage over most of these nations. Regarding Russia, Kremlin feels demographically threatened by the Dragon & it has every reason to feel so. It's but a matter of time before the HAN colonizes the Russian Far East in veneer of some industrial projects, under the aegis of some "mutually-beneficial-agreement", of course. Anyway, Russia has failed to develop Siberia, commensurate with the amount of potential this region enjoys, sans some oil/gas extraction endeavors.
Further, Russia-China are too mutually-dependent & strategically intertwined in the bigger scheme of things so they would not like to jeopardize the fragile bond between the two, especially with constant US/NATO presence in their immediate neighborhood's & both facing extremist/seccionsit movements in theri variou manifestations, arising across a common region. Addressing that threat tops the agenda of SCO.
Coming to India, we figure a lowly 15th on their list of trading nations so economically, we hold limited potential for them. Our market size is just "average" in comparison to their massive production outputs & US/Europe/Middle-East + Africa is a higher priority to fulfill that need of market. Yes, they need India for its mineral ore, maybe Thorium also in some distant future (but there are multiple suppliers that are nearer/bigger like Turkey, Kazakh & Australia) & also, our presence & capability in major sea-lanes across IOR region.
But most of all, they want us not to join the US-Japan-Australia Pacific Axis because even a minor inconvenience/unrest on its Southern doorstep would slow down it stride towards its mission of dominating Western Pacific & Central Asia.
But then, they know India all too well & understand that, we would willingly not join any military-alliance aimed against its larger neighbor. Goes against our non-aligned policies & plays against our insecurities arising out of past experiences (colonialism).
But, then again, China does not take many chances & hence the regular needling it does to us serves two purposes: One, we are reminded that we don't stand a chance against them (debatable, of course) & two, we are kept preoccupied, rather than being able to focus on how to contain the strategic clout of China throughout Eurasia + Africa.
Having done this, they literally knock out the potential competition that India can offer to them on most fronts. Our global ambitions are nipped in the bud when have vexing issues throughout our borders. They try to make us realize that our power-projection capabilities are a farce, at best & we are, much to our dis-pleasure, a South-East Asian minor regional player of limited consequence & one, who is destined to be limited to that region.
Overall, in the larger scheme of things, India is not indispensable to China. They are already dominating our markets & they have already secured vital energy lanes across Central Asia/Middle East through land-routes. Excellent relations with Russia (even if, just on the surface) do help the matters & assist them in consolidating their position on all fronts.
Since, their energy security as well as economic security is more or less secured, they are free to focus their attention on "flexing of military-strategic muscle" in all possible ways. Thus, the HAN asserts/ensures it's supremacy in Asia & beyond.