Xi Jinping praised Hungary's "independent" policy ahead of his meeting with..

Wednesday, May 8, 2024

HotNews

Xi Jinping praises Hungary’s independent foreign policy during his European tour, signaling China’s growing influence.

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Xi Jinping praised Hungarian Prime Minister Viktor Orbán’s “independent” foreign policy that challenges major powers, during a European tour seen as exploiting divisions within the EU and NATO. Xi urged Budapest to lead relations between Central and Eastern European nations and China, noting shared struggles against power politics amid volatile international relations. Chinese officials view Hungary as a close partner, promising investments such as an electric vehicle factory for Great Wall Motor, though Hungarian officials stated any announcements are premature. The visit is highly secured, with strict restrictions planned. Xi’s stop in pro-Russian Serbia and Hungary suggests a strategy to neutralize the EU’s economic security agenda by exploiting internal divisions. Chinese investment in Hungary could reach 30 billion euros this year, with potential projects including railway construction to Budapest airport and involvement in the Paks nuclear plant expansion. Hungarian officials anticipate at least 16 agreements during Xi’s visit, covering infrastructure, energy, and industry.

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