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.

China's vice premier He Lipeng held talks with U.S. Treasury Secretary Scott Bessent early on Saturday in Geneva, China's state-owned news agency Xinhua reported.

Tensions between India and Pakistan are rising, with Chinese defense stocks surging after Pakistan's apparent use of China-made weapons to down Indian jets. Pakistan's Foreign Minister Ishaq Dar claimed on Wednesday that Pakistan deployed Chinese-made J-10C fighter jets in a clash with India's air force,