I believe the Indian media when it constantly paints China as an enemy, since that is backed up by poll results.So now Indian media is your benchmark?
Indian media says a lot of things, do you believe them all?
Also I actually share the opinion that being part of the P5 is symbol of prestige.
Look at any international news source like CNN or BBC. Regarding Iran, they talk about what the P5 are doing about it. Regarding North Korea, they talk about what the P5 are doing about it.
I personally think such status symbols are pointless, but there is no doubt that it IS a status symbol.