China is still hoping the Indians to be more rational, but will not budge an inch.
Neither China nor India is willing to keep their relations at the cost of losing territory. But the same disputes have been there for decades, and they shouldn't have been allowed to resurface. Chinese public opinion hasn't focused on the China-India border issues, but India has always been fanatical. One will suspect that India is misguided.
China is an immovable neighbor and much stronger than India. The two countries are suitable to be partners in seeking common development. But if New Delhi wants to label Beijing its long-term strategic rival, it needs to be prepared to pay a huge cost. In the meantime, it will never manage to get one more inch of land at China-India border areas.