WoW . thats an ancient word .
Regarding your question mate : well , Iran - just like all other countries in the world - doesn't want to get engaged in war that it's not hers .
We've got nothing to do with the beef between India & China . just like we don't care if India has relations with Israel or any other entity frankly as long as it doesn't hurt our national interests .
National interest : thats what determines and ascertains one's foreign relations . there frankly is no brotherhood or friendship . yeah there is always the cultural effect : thats why our relations is much more closer to eastern nations than to western ones . but national interest is what sets the boundaries
India can be one hell of a partner , so does china . as of now , we're seeking foreign investments and thats what we're getting from these two .
let me give you some examples of this complicated issue :
1- Iran is allied with India's biggest enemy , Pakistan .
2- Pakistan is allied to Iran's foremost foe in the region , Saudia
3- Iran is allied to India , China's rival in the region
but these facts have nothing to do with the bilateral ties with any of those countries - this is especially true for more independant countries like Iran , cause everyone knows they cannot lecture us on our bilateral relation .
To sum it up :
BOTH .