Xi Jinping’s visit to Europe—the first in five years—is expected to be mainly business. The Chinese president is coming primarily to conclude new deals in the three countries he visited: France, Serbia, and Hungary. According to Carlos Roa, a guest researcher at the Danube Institute, Western analysts view the visit of the large Chinese delegation with concern for this very reason, as the trip seems more like a geopolitical signal.
‘And here we come. Our time has come because by becoming the meeting point of Eastern and Western investments, we provide a life insurance for Hungary, we provide a guarantee that in the coming years, Hungary will be the winner of the big global economic transformation that the automotive revolution dictates,’ Péter Szijjártó said.
‘In fairness, to say that Washington, Brussels, and Budapest have some pre-existing policy disagreements is a laughable understatement. Nonetheless, the question remains: Why is Hungary growing closer to China as the West grows further away? The short answer is: it’s complicated.’
Hungarian Conservative is a quarterly magazine on contemporary political, philosophical and cultural issues from a conservative perspective.