Budapest Airport, the Chinese Henan Airport Group, and the Chinese-Hungarian business and logistics development company, CECZ/Utlink, have signed a cooperation agreement aimed at establishing an “aerial Silk Road” between Hungary and China. The deal is expected to bring important economic opportunities and foster a significant expansion of air freight
It’s said that when times are tough one knows who their friends are. For Greece, it was Chinese interests (and credit) that came to the rescue of an economy that had been on the brink of disaster, and investment by China into a Greek port has turned it into
Despite the significant increase in China’s contribution to the Serbian economy in the last decade, EU countries’ investments in Serbia largely outperform those of the Asian economic powerhouse. Here’s how FDI from China is influencing Belgrades’ trade priorities, but outstanding questions over Serbia’s 5G rollout could make
While Czechia has shown signs of interest in growing trade and cooperation with China, at the same time Prague is the loudest critic of Huawei in the region and is likely to continue to follow Brussels’ lead related to any further US-China trade disputes.
5G: A voice critical of Huawei
Similar to its welcoming approach to Russia, Hungary’s government is greeting Chinese economic and trade interests with open arms – despite openly expressed concerns by its allies in Brussels and the West.
5G: whose technology?
Despite pressure from the US not to do so, Hungary has welcomed Huawei’s participation
A global trade war between the US and China may turn Central & Eastern Europe (CEE) into a battleground. The region, which has become a springboard for Chinese expansion, is now torn between its political and security allegiances to the US and its hunger for fresh capital. In the last
651,000 doses of COVID-19 vaccines will be donated from the European Union’s joint procurement to vaccinate healthcare workers in six countries in the western Balkans.
The announcement comes weeks after China and Russia distributed millions of doses of their domestic jabs in the region. “With this initiative, we
This week Russia’s foreign minister, Sergei Lavrov, on a visit to China, declared that Russia’s relations with the European Union are over, because the EU had destroyed long-term mechanisms between the two sides. Now, he said, Moscow would be dealing with individual European states instead of Brussels.
For