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.

The conflict between Pakistan and India escalated early Saturday as both sides targeted each other’s air bases and blamed the other for hitting them first. The Pakistani military said it began a strike against India in retaliation for recent “Indian aggression,