This is probably going to become the noisiest issue out of this Ladakh incident.
China enjoys a huge trade surplus with India, partly because currently India makes nothing much of interest for anyone in the world and has a deficit with not just China. Take a look online and see for yourself.
If this becomes a growing and here to stay trend, it would deal more damage to China than any Indian weapon. Funny how the same side that claims victory and claims to have thoroughly embarrassed China is also acting like it's been wronged and humiliated. Anyway if this trend continues, India's domestic industry will eventually pick up the slack in time in the lower value end of the chain.
Indian industries are dependent on Chinede machineries to industrialise, while China is not really dependent on India as an export market.
India has got almost 3 decades to catch up to China, what makes you think they can be different now than then.