The announcement of an "expeditious disengagement" of troops in the disputed Doklam region was made in a statement by India's External Affairs Ministry on Monday, ahead of Prime Minister Narendra Modi's likely visit to Xiamen in China to attend the ninth annual summit of the BRICS countries (Brazil, Russia, India, China and South Africa) from September 3 to September 5.
Wang said that it's normal for two giant neighbour nations to have differences, but they needed to set them aside and work out a solution in the long run.
Although the Chinese foreign ministry sounded triumphant announcing that the Indian troops had withdrawn, experts say it was Beijing who had compromised by seemingly accepting New Delhi's demand that it stop road construction in the disputed area where China, India and Bhutan meet.
He is learned to have argued that China's claim over Doklam was not settled, and both sides should simultaneously pull back their troops to restore status quo. But analysts like former foreign secretary Kanwal Sibal said that by standing up to China, India had changed the terms of engagement between the two countries.
"The important thing is to put these problems in their natural place and deal with them properly and control them in a spirit of mutual respect and based on consensus between the leaders of the two countries".
A BRICS report released on Tuesday said that India's innovation growth rate would see a significant rise and could surpass that of China in the next decade.
Chinese state councillor Yang Jiechi was blunt in his approach as he asked if Doklam was India's territory?
"There is enormous potential for cooperation in trade, investment, finance and infrastructure among the five countries", said Jiang Zengwei, head of the China Council for the Promotion of International Trade.
China's official news agency Xinhua said Indian troops were withdrawing from the site.
Indian External Affairs Ministry broke the news on the development on Monday morning, which was shortly followed by the Chinese Foreign Office confirming the disengagement.
China may have played ball with India over the Doklam episode largely because of many factors like the BRICS summit it is going to host next week.
Modi refused to join President Xi Jinping's signature Belt and Road initiative to knit together Asia and beyond, making India the lone country to boycott a summit in Beijing in May. "Even a single shot fired by an edgy soldier could have sparked a wider conflagration in such tense times", said a senior officer as he expressed admiration for the Army leadership for enforcing compliance.