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Pakistan’s Arms Procurement Deal Boosts China’s Defence Stocks
Reading Time: 3 minutes In a significant development with far-reaching strategic implications, China’s defence manufacturing sector experienced a sharp surge in stock prices following Pakistan’s announcement of a major arms acquisition package. The deal, confirmed late last week by Pakistani government sources, includes the procurement of 40 fifth-generation J-35 stealth fighter aircraft, KJ-500 airborne early warning and control (AEW&C) platforms, and HQ-19 ballistic missile defence systems marking one of Islamabad’s most ambitious purchases to date. Military Skirmish Sparks Momentum The announcement follows a tense four-day military confrontation in early May between India and Pakistan, which reportedly brought both countries to the verge of open conflict. During that period, air-to-air combat reportedly demonstrated the effectiveness of Pakistan’s existing fleet of Chinese-made J-10C multirole fighters. Pakistan’s Ministry of Defence claimed that six Indian fighter aircraft were downed during the exchange, including at least one French-made Rafale jet. Initially denied by New Delhi,