Home / News / World News / Article /
China's Xi arrives in Hungary for talks on expanding Chinese investments
Updated On: 09 May, 2024 03:39 PM IST | Budapest (Hungary) | AP
Orban, a nationalist populist whose illiberal policies have pushed him to the fringes of the European Union, made his country the first in the 27-member bloc to participate in Xi`s signature Belt and Road Initiative
Listen to this article :
Chinese President Xi Jinping (L) is greeted by Hungarian Prime Minister Viktor Orban as he arrives at Liszt Ferenc Budapest airport at Ferihegy, Hungary. Pic/AFP
Chinese President Xi Jinping arrived in Hungary late Wednesday, the final stop on his five-day European tour, where he`s expected to finalize a number of agreements with Prime Minister Viktor Orban that will deepen China`s economic footprint in the region. Xi is set to spend two nights in the Hungarian capital Budapest where he will meet with Orban and Hungarian President Tamas Sulyok. Talks will center on future Chinese investments in the Central European country, which has courted deep economic ties with Beijing even as mainstream European leaders have pursued more protectionist policies to limit its reach on the continent.
Orban, a nationalist populist whose illiberal policies have pushed him to the fringes of the European Union, made his country the first in the 27-member bloc to participate in Xi`s signature Belt and Road Initiative. Hungary has straddled a middle ground between its membership in the EU and NaTO and a willingness to establish diplomatic and trade relationships with autocratic governments outside those groupings. Hungary`s foreign minister, PEter Szijjarto, told a news conference on Monday that Xi and Hungarian officials would sign at least 16 bilateral agreements during the visit, Xi`s first to the country as president.
Trending Stories
Latest Photos
Latest Videos
Latest Web Stories
ADVERTISEMENT
Mid-Day Fast
ADVERTISEMENT
ADVERTISEMENT