A collection of 68 posts
Chinese President Xi Jinping’s recent visit to Hungary underscores the geopolitical importance of the growing bilateral friendship. China’s new investments in Hungary total EUR 16bn and are expected to reach EUR 30bn by the end of the year. On his first visit to Europe since the pandemic, Chinese
As Chinese President Xi completed his trip to Europe, he held a conference with Hungarian Prime Minister Viktor Orban, with whom he had spent three of the five days. Although Xi failed to give concrete details, Hungarian officials said 18 agreements had been signed between their country and China, but
China’s Huawei and Hungary’s 4iG signed a letter of intent to establish a common cloud service platform for Hungarian companies and large Chinese and Asian companies with a presence in Central and Eastern Europe (CEE) during Chinese President Xi Jinping’s visit to Budapest from 8-10 May 2024.
Chinese President Xi Jinping will commence a three-day visit to Hungary from Wednesday, 8 May, having arrived in France on Monday, 6 May, where he met French President Emmanuelle Macron and European Commission President Ursula von der Leyen. Xi’s delegation includes Chinese Foreign Minister Wang Yi, Chinese Finance Minister
Taiwanese Foreign Minister Joseph Wu visited Estonia, Lithuania and Latvia from November 6-12, deepening bilateral ties in the Baltics and putting Asian geopolitics back up the agenda in Central and Eastern European (CEE). The three Baltic states have adjusted their policy toward People’s Republic of China (PRC) in recent
Chinese President Xi Jinping backed elevating relations with Hungary and after meeting Hungarian Prime Minister Viktor Orban in Beijing, called him a “friend”. Viktor Orban previously announced that he signed ten economic agreements in Beijing, where he arrived on Sunday to participate in the third summit of the One Belt,
Hungarian Prime Minister Viktor Orban will be the only EU premier present at China’s third Belt and Road Forum in Beijing on Wednesday, 18 October, according to local media reports. Orban will also give a speech at the event, his press officer Bertalan Havasi told Hungarian website Telex. “Before
The ceremonial groundbreaking event took place on Friday in the Republika Srpska (RS) entity of Bosnia and Herzegovina (BiH) for the Dabar Hydropower Plant, which will be constructed by China Gezhouba Group. This project is a significant milestone as it marks the largest hydropower undertaking by Chinese companies in Central
“Romania, and Europe, have lost the battle with China in certain segments, such as battery production, but we are trying to recover this gap,” Romanian Economy Minister Florin Spataru said on Thursday 25 May, state news agency Agerpres reported. “How do we manage to have a balanced approach in the
Czech President Petr Pavel called for a “joint and balanced” strategy between the US, Europe, and other democracies to address China’s growing economic and political power while avoiding divisive lines between them, on Friday 21st April. During a visit to Brussels, Pavel discussed EU-US-China relations with European Council President
Hungarian Sinologist Tamas Matura argued in his recent report for CEPA that China wields little influence in Hungary, despite the Hungarian government’s decade of support for Beijing in the EU. However, shortly after the release of the CEPA report, China’s CATL announced plans to build a EUR 7.
As the EU accelerates its shift to electric vehicles by outlawing internal combustion engines by 2035, the auto industries in Central Europe are transiting to e-mobility. Battery plants can play a key role in the absorption of manpower as conventional car making is phased out, while pulling in new electronic
The world’s largest battery maker, China’s Contemporary Amperex Technology (CATL), has agreed to build a three trillion forint (EUR 7.6bn) production plant in Debrecen, east Hungary. Hungarian Foreign Ministry state secretary Levente Magyar said the deal represents the largest ever greenfield investment in the history of the
French President Emmanuel Macron told Chinese President Xi that France expects China to reverse the sanctions it has imposed on Lithuania during a telephone call on Tuesday. China has removed Lithuania from its customs system over its recognition of the independence of Taiwan, which the superpower considers illegitimate. Lithuania’s
The EU will extend EUR 130mn to Lithuanian companies affected by the trade restrictions China has imposed on the Baltic country, the European Commission (EC) announced on Tuesday afternoon. The scheme will run until 31 December 2027 or until the “discriminatory” restrictions are lifted, the EC wrote in a statement.