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I think that India is being a bit daring by doing this. I do not mean this in military terms but rather in economic terms.
Militarily, I think that the concerns stated at the end of the article are overstated. I highly doubt that China will go to war over something like what India is doing. However, that is not to say that India's actions are risk free. It seems likely that China, which is much stronger economically, could isolate India and hurt India's economy. Therefore, it seems like India is taking a bit of a risk by doing this.
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