Cooperation between Hungary and China is becoming more and more important, Prime Minister Viktor Orbán said in a video message, addressing the opening ceremony of the China International Import Expo (CIIE) on Thursday.
In the message, Orbán noted that global trade had been suffering for almost two years under the impact of the coronavirus pandemic. The “crisis has shown how interdependent we are”, and how successful health-care and economic measures in one country impact the recovery of another, Orban said.
Last year also ushered in “extraordinary changes” in world economy, Orbán said. “The distribution of economic power is transforming in front of our eyes,” and Asian economies and companies are playing an increasingly important role in shaping the world economy, he said.
Last year also ushered in “extraordinary changes” in world economy, Orbán said. “The distribution of economic power is transforming in front of our eyes,” and Asian economies and companies are playing an increasingly important role in shaping the world economy, he said.
Meanwhile, a debate is ongoing in the European Union on how to shape the post-Covid world, Orbán said.
“Here in the West there is a huge temptation to reintroduce a world economic order based on the rivalry of great world powers.
I’ve seen this happen before; in fact I’ve lived half my life in such a world. Back then, it was the West standing against the Soviet Union,” he said.
However, many in the EU want to live in a world “based on trade, security, mutual respect and the unconditional recognition of each other’s sovereignty” rather than one “defined by the tension between great world powers,” Orbán said. That is why Hungary sees it as crucial to be involved in Chinese economic development, and that
However, many in the EU want to live in a world “based on trade, security, mutual respect and the unconditional recognition of each other’s sovereignty” rather than one “defined by the tension between great world powers,” Orbán said. That is why Hungary sees it as crucial to be involved in Chinese economic development, and that
China is present as a trading partner and investor in Hungary and central Europe,
Orbán said. Hungary is committed to strengthening bilateral ties and sees China as a key strategic partner, he added.
“We are thankful to China and personally to President Xi for involving Hungary into China’s vaccination cooperation program at a very early stage. Without the vaccines bought from China we would not have been able to carry out the quickest vaccination campaign of the European Union,” he said.
Trade and economic ties between Hungary and China developed swiftly even in 2020,
Orbán said. Last year, China was Hungary’s most important trading partner outside Europe, with the largest volume of investments arriving in Hungary from there, he said.
“Hungary looks forward to further developments and milestones in our relations with China. I do believe that forums like the Canton Fair will fulfil their role in being a bond of friendship and a bridge of trade between us and we can welcome new partners who discover the new perspectives of our cooperation and contribute to the development of our economies,” Orban said.
The Canton import-export fair is the oldest and largest such event in China, organised by the Chinese foreign trade centre twice a year.
“Hungary looks forward to further developments and milestones in our relations with China. I do believe that forums like the Canton Fair will fulfil their role in being a bond of friendship and a bridge of trade between us and we can welcome new partners who discover the new perspectives of our cooperation and contribute to the development of our economies,” Orban said.
The Canton import-export fair is the oldest and largest such event in China, organised by the Chinese foreign trade centre twice a year.
Read alsoHungarian opposition primary hacked by China?
Source: MTI
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5 Comments
China continues to PREY on the Weak, Fragile and Vulnurable Countries of Europe.
Hungary – you continue to play a DANGEROUS game – in your deepening relationship with China.
The mounting growing indetitness to China – being “veiled” and “hidden” – by our present Government – are the Chinese our Life Line and Bankers – at this point of time, the highly Vulnurable position EConomically and Financially – we are FACTUALLY in ???
Hungary – our Future – it can’t be allowed by the Citizens of Hungary – that we continue to sell ourselves out – to the Chinese.
The Chinese behaviour on acquiring investment opportunities Foreign and ‘other” – is like that of a – Jackal.
They prey – stand on the outside looking in – OBSERVING and Evaluating – when its time, by there ability to “exhaust” and “wear down” – there prey – then attack pounce on the opportunity to have there lot – there FEED.
Is this HAPPENING in Hungary ???
China – will pick up the pieces as they FALL – then go the CRUNCH – all out to take the lot, when all the cards to there Favour, fall into place.
Dominance & Control – the DNA or adrenaline rush – that is the Chinese way – there “Creed” of Foreign Investment.
History – in modern time on the Chinese way of Foreign Investment.
Australia – with its Iron Ore and Black Coal – that CHINA – can’t do without BUT read what the Chinese have endeavoured to get better Foreign Trading arrangements with Australia – which RIGHTFULLY – has backfired in the face of the China.
Chinas position in relation to Black Coal is a cataclysmic mess – in a state of disarray.
Australia – called Chinas bluff and the Chinese have come out the deservingly losers.
China – can not FUNCTION without Iron Ore or Black Coal – and Australia having abundance of these earthen commodities – just let China “mouth off” – and when the time came simple said to China – you know our Contractual Agreements under Foreign Trade – its by them we Function – and if you fail to Function under our Forign Trade Agreements – may you find other suppliers to meet your NEEDS.
Interesting on-going China/Australia – the Black Coal situation but China has no alturnative at this point of time – but to continue its relationship with Australia.
Hungary – the citizens of Hungary – say NO – to expansion of the Hungary / Chinese = RELATIONSHIP.
Budapest, Hungary – the new Major Inter-section of the 21st century – Silk Road.
The JACKAL – Dangerous.
You can say all these words Norbet. It was the West who abandoned Hungary during its revolution in 56. It was also the West who exploited the shit of African countries. It is believed that the CIA had a role in the assassination of Congolese leader, Patrice Lumumba. The CIA and the US wanted the DRC’s resources (ex: the precious minerals to make iphones and laptops) as Lumumba stood in their way.
In the end, Hungary is simply playing both sides. We are watching the decline of US hegemony in real time.
A country that’s one of the biggest contributors to carbon emissions and whose president has decided not to attend COP26. A country that sold us an overpriced dud vaccine and is so keen to build the Fudan university for goodness knows what coz it won’t just be used as a university. And let’s not forget the concentration camps for the Uyghur Muslims, for which they deny of course, but there’s satellite footage of, so decided to call them ‘education centres’. A closed country. Yeah, what a great country to snuggle up to. China gave the world a pandemic. The PM thinks he’s in charge, actually it’s President Xi.
Permitted and APPROVED – the Wrongness – of the Hungarian Government.
We shop at the Chinese/Asian Market, in Rakoczi ter which is attached to the magnificent Rakoczi Market Hall.
Wht is there the leaniensy – permitted by the Hungarian Government to this owned and operated Large Chinese/Asian Supermarket – that payment of purchased produce – 97% imported food types – why are they ALLOWED – to operate under a CASH only arrangement ???
Reading comments numerous on a site, discusing this Chinese/Asian Supermarket – it disturbs customers new and old – that transactions of purpose – CASH only.
It disturbs customers – that shelf pricing is not kept up to date and when its time for – CASH payment -only – price tag printed – on to many occasions – reflect variances – increased in prices to that displayed on shelves.
This – CASH only arrangement – granted to this Supermarket of Chinese/Asian ownership and operation – NEEDS – to be Ceased.
We shop on a regular basics at – The British Store, Tatra utca in District 13 – you in this Supermarket – invited to pay by Plastic Card or pay by Cash.
Never – have we had reason to query shelf advertised price to payment request slip.
WHY – this Facility is granted to a Chinese/Asian – Large – Supermarket under Chinese/Asian Management ?
We shop at Kobanya utca – 8th District – Chinese Market – in the old Gantz Workshop complex – modern and clean large variety of Chinese/Asian Food types – and are offered payment in the LARGE – Chinese/Asian Supermarket by either Plastic Card or Cash.
History – the audit trail of Cash activity in a business operation is a long drawn out slow process – undertaken by a Government Taxational Department.
CASH operation throughout HISTORY – has proven that those who have been found Guilty of this function in the conduct of there businesses – have been FOCUSED on – TAX avoidance.
WHY – in 2021, is it approved by the Government of Hungary – that within the business operation of businesses throughout Budapest, Hungary – why those owned and operated by Chinese/Asian owners – WHY are the ALLOWED to stipulate or DEMAND – payment only in CASH ???
WRONG – and not a leval playing field to Hungarian operated businesses and “others” from a background that is not Chinese nor Asian.
Cash can be HIDDEN as History PROVES in the conduct of a business operation.
Permitted and APPROVED – the Wrongness – of the Hungarian Government.
We shop at the Chinese/Asian Market, in Rakoczi ter which is attached to the magnificent Rakoczi Market Hall.
Wht is there the leaniensy – permitted by the Hungarian Government to this owned and operated Large Chinese/Asian Supermarket – that payment of purchased produce – 97% imported food types – why are they ALLOWED – to operate under a CASH only arrangement ???
Reading comments numerous on a site, discusing this Chinese/Asian Supermarket – it disturbs customers new and old – that transactions of purpose – CASH only.
It disturbs customers – that shelf pricing is not kept up to date and when its time for – CASH payment -only – price tag printed – on to many occasions – reflect variances – increased in prices to that displayed on shelves.
This – CASH only arrangement – granted to this Supermarket of Chinese/Asian ownership and operation – NEEDS – to be Ceased.
We shop on a regular basics at – The British Store, Tatra utca in District 13 – you in this Supermarket – invited to pay by Plastic Card or pay by Cash.
Never – have we had reason to query shelf advertised price to payment request slip.
WHY – this Facility is granted to a Chinese/Asian – Large – Supermarket under Chinese/Asian Management ?
We shop at Kobanya utca – 8th District – Chinese Market – in the old Gantz Workshop complex – modern and clean large variety of Chinese/Asian Food types – and are offered payment in the LARGE – Chinese/Asian Supermarket by either Plastic Card or Cash.
History – the audit trail of Cash activity in a business operation is a long drawn out slow process – undertaken by a Government Taxational Department.
CASH operation throughout HISTORY – has proven that those who have been found Guilty of this function in the conduct of there businesses – have been FOCUSED on – TAX avoidance.
WHY – in 2021, is it approved by the Government of Hungary – that within the business operation of businesses throughout Budapest, Hungary – why those owned and operated by Chinese/Asian owners – WHY are the ALLOWED to stipulate or DEMAND – payment only in CASH ???
WRONG – and not a leval playing field to Hungarian operated businesses and “others” from a background that is not Chinese nor Asian.
Cash can be HIDDEN as History PROVES in the conduct of a business operation.