Budapest’s metropolitan and 9th district councils will not back down on plans to build a student quarter in the southern part of the city, Budapest Mayor Gergely Karácsony said on Facebook on Thursday in reaction to the start of a parliamentary debate on the establishment of the local campus of China’s Fudan University in the same part of the city.
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Citing a joint statement by 12 economists containing arguments against the establishment of the Fudan University campus, Karacsony said the university would hurt the Hungarian economy because it would be financed from a loan from China with unfavourable terms.
The institution, he said, would also be
The institution, he said, would also be
bad for Budapest and specifically the 9th district
because it would take space away from the planned student quarter. It would also hurt Hungary’s higher education sector “by leading to unacceptably large wage gaps and devaluing Hungarian universities”, the mayor argued. Also, it would deprive Hungarian students of affordable housing, he said, adding that the university’s tuition fees would be unaffordable for “99 percent of them”.
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Karácsony said Fudan Hungary University would be “bad for anyone who doesn’t want their tax forints to serve the Chinese Communist Party’s influence”.
“This project benefits China because it serves its own economic, political and covert interests,”
Karácsony said. He added that the project could also benefit those linked to ruling Fidesz “who will no doubt get a little something out of the Chinese revenues”.
Source: MTI
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3 Comments
Mr Karacsony is obviously not very well informed as it is a well known fact that Fudan University has
associations with numerous universities including America.
I also question his knowledge in economics.
Having said that, it is a decision that requires very careful and thorough examination from every aspect.
Conflicts seen in recent times that add to the past falling out of China in relationships with country’s, a list that continues to grow like Norway and Australia adds fuel to the growing argument that China is a “high risk” to go deep with in Foreign Relationships especially trade.
China in recent days further highlight that this arrogance of attitude they thrown down the throats towards other country’s, that this attitude is wearing thin and gathering growing universal support to be challenged and stopped.
China attacking the European Union and Germany playing political games to destabilize or fragment the political structures of country’s promoting an attitude of having no past sins in its history these are just few points in China’s behaviour the wider global world must unite and ensure China is CONTROLLED.
China is targeting smaller vulnerable country’s such is Hungary.
China trough it’s “open” cheque book philosophy and attitude towards these smaller cash strapped country’s, to assist them, through ongoing trade agreements and other arrangements, written to their benefits, this is evidenced what is factually occurring in Hungary.
Citizens of Hungary politically are intellectual enough to know what China are “moving” manipulating their way, using of power – to achieve as their ultimate goal in Hungary.
The 21st location of the Silk Road – westward movement and growth wanting greater ownership and territories lands, trade markets in the West, that China, if allowed will use Budapest, Hungary as a spring board, a launching pad of its European Plans, it’s integral location in China’s plans to widen it’s power and trade operations and lands and soils throughout Europe.
Citizens of Hungary in an orderly non confrontational approach through the use of rights granted and written under DEMOCRACY and throughout the World in fact, should orderly objection request and see – that NO further major projects inclusive of trade – are undertaken with China.
REMEMBER – over the past (5) five years – with daylight between China and Vietnam and Germany – that China was the largest foreign investor into the property/warehouses markets in Hungary.
What “under the table” deal – not disclosed nor tabled made transparent – has the Hungarian Government made with China in relations to Immigration ?
That would be an additional cataclysmic error for Hungary – if such an arrangement of increased citizenships permitted immigration numbers be granted to the Chinese.
Hungary – don’t sell your Life and Future – your proud History, which if you pursue this current “marriage” arrangement with China, that our present Governments is orchestrating and encouraging – our Future is at grave risk of Disintegration.
Its in the best interest of Hungarian people to have this university built.
It will open the door for a lot of great opportunities, economical, strategical. Will help this nation to have an influence internally and externally. Will act as a hub, a gateway to the west and for future ‘collaboration’ and shared technology (willingly or not).
I meant Chinese people, best interest for Chinese people.
Look at the African Union Headquarters, great gift from china, all worked well for the African Nations, no ?