Hungary and China sign strategic cooperation agreement during visit by Chinese President Xi
7 months, 2 weeks ago

Hungary and China sign strategic cooperation agreement during visit by Chinese President Xi

Associated Press  

BUDAPEST, Hungary — Hungary and China signed a number of new agreements on Thursday to deepen their economic and cultural cooperation during a visit to the Central European country by Chinese President Xi Jinping, a trip meant to solidify China’s economic footprint in the region. Xi and Hungarian Prime Minister Viktor Orbán held talks in the capital Budapest as part of the Chinese leader’s final stop on a five-day European tour that also took in Serbia and France. Hungary is also hosting several Chinese EV battery plants and hopes to become a global hub of lithium ion battery manufacturing, and has undertaken a railway project — part of Xi’s Belt and Road Initiative — to connect the country with the Chinese-controlled port of Piraeus in Greece as an entry point for Chinese goods to Central and Eastern Europe. One activist, Tenzin Yangzom, a campaign coordinator for the International Tibet Network, criticized Hungary’s government for “allowing the Chinese police to be operating on Hungarian streets.” “This is not China, is it?

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