A J-10C fighter plane of the BA Yi aerobatic team of the Chinese Air Force conducting adaptive training.
VCG | Visual China Group | Getty images
Tensions between India and Pakistan are increasing, Chinese defense stocks increased after the apparent use by Pakistan in China’s manufacturing weapons to lower Indian jets.
Pakistan Minister of Foreign Affairs Ishaq Dar said on Wednesday that Pakistan had deployed Chinese manufacturing J-10C fighter jets in a confrontation with the Air Force of India, according to local state media.
Avic, through his filial planes Avic Chengdu, Facts J-10C fighter planes would have been used by Pakistan in the recent conflict. Another subsidiary, Avic Aerospace, which produces planes and military helicopters, saw its actions listed in Hong Kong increase by more than 6%.
And Shenzhen stocks were contributed by Avic Chengdu have jumped up to 16%. He exchanged 8.31% higher at 11:40 am local time. On Wednesday, its shares increased by 17.05%, marking the most important gain since last October.
The actions of China State Shipbuilding Corporation, which builds military and civilian ships, increased by 0.4%.
“Pakistan is the largest buyer in Chinese weapons, including fighter planes, air defense systems, naval ships and drones,” said Yang Zi, associate researcher with S. Rajaratnam School of International Studies.
According to data from International Peace Research Institute of Stockholm.
“It is certainly likely that Pakistan used Chinese planes,” said Seth Jones, president of the Department of Defense and Security of the Center for Strategic and International Studies (CSIS).
Yang told CNBC that “the conflict is a positive testimony to the quality of Chinese manufacturing weapons, given the performance of fighter planes and Pakistan air defense systems against French and Soviet manufacturing planes”.
Increased defense actions in China probably [reflects] The opinion that if the war of India-Pakistan degenerates, China will arm Pakistan and will replace any loss.
David Roche
Quantum strategy
He added that although it was not clear if those involved in an air-to-air fight or missile strikes on air surface, it always indicates that Pakistan has “successful capacities, with Chinese support”.
According to Pakistani Minister of Information, Attaullah Tarar, five Indian Air Force planes were slaughtered while they were approaching the Pakistani territory.
India, however, denied the reports of its jets be shot downrejecting them as “speech”.
India announced early Wednesday that its armed forces had made strikes in Pakistan and that the region it calls Jammu-et-Cachemire occupied by Pakistan. The Ministry of India of Defense said that strikes were targeting nine places suspected of being where “terrorist attacks” are planned and directed against India.
This follows the militant attack last month in Pahalgam, Jammu-et-Cachemire, which left 26 dead.
“Temporary Blip?”
“The increase in defense actions in China probably [reflects] The opinion that if the Indian-Pakistani war is intensifying, China will argue Pakistan and will replace any loss, “said David Roche, Stratège de Quantum Strategy.
Pakistan and China established diplomatic relations in 1951. China was also the most important defense partner in Pakistan Since the end of the Cold WarAccording to the American Institute of Peace.
“China and Pakistan have long -standing political ties. They have had long -standing economic ties, and in particular, in recent years, they have had in -depth military links,” said Jones de CSIS.
Jones, however, noted that the action rally could simply be a “temporary blip”.
India and Pakistan would ideally like to defuse, but the ball is now at the court of Pakistan, he added.
“”[It’s up to Pakistan] That he wants to react more to the Indian strikes or if the potential decline in Indian planes was a sufficiently good victory, “he added.
