China has spent billions developing military tech. Conflict between India and Pakistan could be its first major test

The escalating conflict between India and Pakistan could be offering the world a first real glimpse into how advanced Chinese military technology performs against proven Western hardware – and Chinese defense stocks are already surging. Shares of China’s AVIC Chengdu Aircraft rose 40% this week, as Pakistan claimed it used AVIC-produced J-10C fighter jets to shoot down Indian combat aircraft – including the advanced French-made Rafale – during an aerial battle on Wednesday.

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