Chinese President to visit Budapest: why is Xi coming to Hungary?

The Chinese President will arrive in Hungary in early May. The news was revealed at today’s Cabinet Briefing. Gergely Gulyás, head of the Prime Minister’s Office, said that President Xi Jinping will be a guest of Budapest between 8 and 10 May.

Chinese President Xi comes to Budapest

Levente Horváth, director of the Eurasia Centre (Eurázsia Központ), told Index that Hungary and China share similar views on the evolution of the world order, and economic cooperation between the two countries has also helped deepen relations.

According to the expert, China is an important economic partner for Hungary because it is the world’s second-largest economy, with a market of 1.4 billion people and advanced technology. “Hungary is important for China because it is an EU member state, it has a good geographical location and a stable political and economic environment,” Horváth said.

He also said that Hungary has been following its own foreign policy path, reacting to the changing world order in a timely manner with its policy of opening up to the East, and since then it has also been cultivating ever closer relations with China and other Asian countries.

“Prime Minister Viktor Orbán launched his policy of opening up to the East with the slogan “We sail under the Western flag, but the wind blows from the East in the world economy”. However, this does not mean that we should only cooperate with the East instead of the West. We need to diversify our relations and work with the East as well as the West. This is in the interest of the country,” the director of the Eurasia Centre said.

Horváth recalled that 2024 is the 75th anniversary of the establishment of diplomatic relations between Hungary and China,

and this could provide an opportunity for the Chinese President to visit Budapest.

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