Xi's war machines: combat ‘kill' gives Beijing a boost in arms export race
One country that could give factual grounds for a sense of triumph, however, was China — and in particular its arms industry. A company based in the country's southwest, Avic Chengdu Aircraft, saw its share price rise 40 per cent in five days alone in the aftermath of the fighting.
In a rare semi-confirmed detail of the conflict, whose participants kept their losses secret, a French Rafale jet flown by the Indian air force was shot down by a much cheaper Chinese-made J-10C fighter flown by the Pakistani side.
The J-10C is manufactured by Avic Chengdu, and its 'score' against the Rafale was met with a
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India's Nykaa posts two-fold rise in quarterly profit on beauty products demand
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