In a dramatic escalation along the Pakistan-India border last week, the Pakistan Air Force’s deployment of Chinese-made J-10C fighter jets has reshaped perceptions of global defense technology. The conflict, characterized by intense aerial engagements, saw the J-10C reportedly down five Indian aircraft, including advanced French Rafale jets. This display of combat prowess has propelled the market value of China’s Chengdu Aerospace Corporation by an estimated $7.6 billion, signaling a surge in confidence in Chinese military hardware.
The J-10C, a versatile multirole fighter, demonstrated its capabilities in a high-stakes environment, drawing global attention to its advanced radar systems and precision weaponry. Analysts note that the jet’s performance has challenged the dominance of Western defense manufacturers, positioning China as a formidable player in the arms market. The conflict, which concluded with a US-mediated ceasefire, has sparked widespread discussion about the reliability and cost-effectiveness of Chinese-built systems.
Adding to the spotlight, the Chinese PL-15 air-to-air missile, believed to have been used in the engagements, showcased its potential as a game-changer. With hypersonic speeds and long-range accuracy, the PL-15 rivals leading Western missiles, further bolstering China’s appeal to nations seeking advanced yet affordable defense solutions. Debris from the missile, reportedly found in India, marks its likely combat debut, a milestone for China’s defense industry.
China, already a key arms supplier to countries across Asia, Africa, and the Middle East, is poised to capitalize on this momentum. “The success of the J-10C and PL-15 in real-world combat will likely attract new buyers, particularly in regions prioritizing budget-conscious yet capable systems,” said Dr. Ayesha Khan, a defense analyst at the Islamabad Institute of Strategic Studies. She emphasized that China’s ability to offer cutting-edge technology at competitive prices could reshape procurement trends in the Global South.
The surge in Chengdu Aerospace’s market capitalization—up by over 25% in days—reflects investor optimism about China’s growing influence in the global defense sector. As geopolitical tensions drive demand for modern weaponry, the combat-tested J-10C is likely to become a flagship product for Beijing’s export ambitions. Meanwhile, the ripple effects of this conflict continue to fuel debates about the evolving balance of power in military technology.