18-05-2025
Xi's war machines: combat ‘kill' gives Beijing a boost in arms export race
The recent hostilities between India and Pakistan left both claiming victory, without much evidence on display for either.
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
