"The year 2017 is set to be a special year in the history of China-India relations," Long Xingchun, Director of the Centre for Indian Studies at China West Normal University, said as he summed up the bilateral ties in outgoing year.
"The Doklam standoff pushed the two Asian powers to the brink of war, becoming the biggest crisis between them in the past 55 years," he said in a recent write up in the official media, highlighting the challenges faced by leaderships of the two countries to navigate ties out of the growing "contradictions".
But analysts say there is no respite as Beijing's latest move to extend its ambitious USD 50 billion China-Pakistan Economic Corridor (CPEC) to Afghanistan and the victory of the pro-China Communist Party of Nepal (UML) leader K P S Oli in the just concluded polls in Nepal added to the long list of challenges New Delhi and Beijing will have to handle in 2018.
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The Doklam standoff began on June 16 after the People's Liberation Army began building a road in area claimed by Bhutan. The Indian troops intervened to stop the road as it posed a security risk to Chicken Neck, the narrow corridor connecting India with its north-eastern states.
The standoff ended on August 28 following mutual agreement under which China stopped the construction of road and India withdrew its troops. But after the standoff, China stationed its troops close to the standoff area ending its customary practice to vacate the area during the winter.
Putting behind the Dokalam standoff, the two sides agreed to move forward in their ties with Xi telling Modi that he wants to put the relationship on the "right track".
Long says the bilateral ties have been blighted by three major strategic contradictions: the border dispute, the Tibet issue, and India's reckoning that China-Pakistan friendship poses a threat.
"However, it is unlikely that the three interwoven conundrums will be solved in the near future; control and management are the only way out," he said.
India did not attend the Belt and Road Forum, a mega event held by China with the presence of leaders of several countries this year to highlight its Belt and Road Initiative (BRI), denting Beijings attempt to showcase its influence.
The BRI has become an issue for India as the controversial CPEC is part of it. India has protested over the project as it traverses through Pakistan-occupied Kashmir.
Also India did not withdraw its troops from Doklam during the standoff despite a massive media blitzkrieg by China followed by aggressive moves by its military until PLA stopped the construction of the road.
Since this year, India's exports which were on the decline for a number of years started showing increase.
In the first seven months, the exports registered 40.69 per cent year-on-year to reach USD 10.60 billion.
In October alone, India's exports to China increased by 53.04 per cent year-on-year to reach USD 1.24 billion. However, the trade deficit which last year accounted to USD 52 billion in about USD 70 billion total trade continued to climb reaching USD 44.51 billion in the first seven months.
Long says China and India have huge potential despite long list of differences.
"2017 is the worst year for China-India relations. But if India would like to meet China halfway and make concerted effort, 2018 will probably become the best year for their bilateral ties," he wrote in the article in the state-run Global Times.