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.

The conflict between India and Pakistan over Kashmir offers a potentially rich intelligence harvest for China in its own rivalry with India as it gleans data from its fighter jets and other weapons used in action by Pakistan.

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,