2 things have become clear to my mind. I am no expert in these things but [a] the Chinese are here 2 teach India a lesson especially after Amit Shah’s bombast in Parliament, [b] the Chinese intend no further escalation unless we escalate. 4 them it is “mission accomplished.”
The Chinese will of course take their own sweet time to settle the new terms of engagement in Ladakh. There may be no return to status quo ante. It will be something new that leaves the balance of advantage to the Chinese side.

Modi ji will now have 2 manage domestic opinion.
Modi ji will do what he does best - manage headlines in the press. So expect all this talk of tension at the border to subside & be replaced with soothing talk about how quiet but firm diplomacy with a tough military posture is best way to tame the dragon. Over to court poets.
The public humiliation of India serves as a tough signal to the rest of the world not to take China lightly, especially in Asia. It also warns countries in Asia that India is now the outcast in the region.

Trade with China now will become the next battle ground.
Trump ji is only focussed on his next reelection. He is unlikely to have much quality time for Modi ji & his woes. Any substantial adjustment in terms of engagement with US, and the West, will have to wait until Trump ji gets a second term or is booted out.
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