Both the G7 and the BRICS countries are led by self-interest. Superpowers are superpowers, whether they are Western or Eastern: they intend to expand their influence on the global stage. The lesson for Hungary is to maintain good relations with everyone, but defend oneself against all types of neo-colonialism, be it Western or Eastern.
From the inception of post-Soviet Hungary, East Asian relations have been oriented towards trade as well as knowledge and information exchange. With the opening up of the Hungarian economy, foreign direct investment (FDI) began to flow in from Taiwan, China, and India, and was widely distributed over a diverse range of sectors including finance, retail, mining, and those that this article focuses on: automotive manufacturing and logistics.
‘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.
During the filming, the twenty stars and the 200-member crew managed all hospitality-related tasks independently over twenty-one days, from sourcing ingredients to preparing dishes and serving. This allowed Chinese fans travelling to Hungary encounter their favourites while shopping for food.
Hungary as a small country does not make decisions for global order as a whole, but it has a unique message for many other small and medium-sized countries that are in the same situation as Hungary, with the same interests in openness to other countries, connections with other countries, their existing alliances, and which also have an interest in preserving their culture and identity, Gladden Pappin suggests.
The exhibition centres on the founding members of the Pest Workshop, a group that was actively engaged in screen-printing from 1971 to 1988, thereby constituting a defining artistic community of that era.
‘Nation-states will be reduced in their functionality, becoming of secondary importance as entities, and the principle of territorial existence will slowly dissolve into a new, boundless uniformity. To use a rather un-English term, we are going to witness the deterritorialization of the world—a world deprived of the territories of its constituents, at least if we are to believe the new utopians.’
According to the Annual Persecution Report of ChinaAid, a non-governmental Christian non-profit that focuses on human rights abuses and religious freedom in China, government pressure on Christian churches and faithful to yield to political ideology has only increased since the signing of the 2018 agreement between the Holy See and Beijing.
‘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.’
The third annual MCC Feszt in Esztergom, Hungary is expected to have 40,000 people in attendance, more than ever before. The Day1 programme featured many well-known musical acts as well as a panel a discussion about the major shifts in the state of geopolitics, with Gladden J. Pappin, Dean Karalekas, Benjamin Freidman, and Michael Hume.
Brussels should emerge from this leadership crisis as soon as possible, and from this perspective, next year will be crucial, Balázs Orbán said in reference to the upcoming European parliamentary elections.
After Viktor Orbán delivered his address at Tusványos, opposition parties did not hesitate to slam the PM and the speech.
‘Could Biden’s token [of shaking hands only with Orbán when arriving for the NATO group photo in Vilnius], as some experts suspect, have been an invitation to the Hungarian government to hop on board the US geopolitical bandwagon and forget the Chinese and Russian ones?’
After the victorious election, the prime minister made it clear that the Russian aggression against Ukraine was forcing us to partially revise our strategy in foreign affairs, adjusting it to the changed circumstances. It is hardly surprising, then, that proposals and ideas of a strategic nature have increasingly claimed centre stage at in-camera government sessions and in public forums alike.
Enumerating the factors strengthening the positive outlook for the economy, the Hungarian finance minister stated that the country’s export performance is very good, and in terms of population, Hungary ranks 94th among the countries of the world, while it stands at 34th place in terms of export indicators.
The environmental permit of CATL, which has significant water and energy requirements, was challenged in court by six private individuals and two civil organisations.
‘There is also a way to deal with the world’s largest economy, for the US Dollar (USD) is not going to decline anytime soon. Those who claim that the USD is in decline often argue that for centuries, reserve currencies have risen and fallen in tandem with their home economies. As the US’ share of the global economy diminishes, economists argue, so too will the USD and its global hegemony. A fascinating yet hardly conclusive argument since there has never been a dominant global reserve currency prior to the USD. Quite the contrary, the USD is the only currency ever to have played such a pivotal role in international commerce.’
After the completion of the investment, the Chinese–Hungarian joint venture, Jiangsu Magnus Aircraft Manufacturing, is expected to create a total of 300 jobs, with Hungarian employees playing a leading role.
The brand new edition of our magazine features articles by Hungarian MP and Fidesz party founder Zsolt Németh, former Australian Prime Minister Tony Abbott, and Uppsala University professor Maria Engström; as well as an interview with N.S. Lyon, a Washington DC-based political analyst and author writing under a pseudonym. You can pick up the latest edition of Hungarian Conservative magazine at your local bookstore or newspaper stand; or, you can subscribe to our quarterly magazine on our website to make sure you never miss an issue.
Instead of systemic competition, the Hungarian government supports strategic cooperation with China, Minister of State for Bilateral Relations of the Ministry of Foreign Affairs and Trade Tamás Menczer emphasised during the inauguration ceremony at Budapest Ferenc Liszt International Airport on Monday.
In his video message sent to the conference taking place in Yibin, China, Foreign Minister Péter Szijjártó praised the mutually beneficial strategic cooperation between Hungary and China, and called Hungary ‘a meeting point of Western and Eastern investors’.
The MCC Budapest Peace Forum featured 70 speakers, 35 foreign experts from 20 different countries. Academics, public figures, and famed experts all took a stand for the importance of peace, and shone a light on the consequences of war from the different aspects of their respective expertise.
Nigel Biggar’s recently published book titled Colonialism: A Moral Reckoning is a Sunday Times bestseller. The book is a unique analysis of Western colonialism, and a sober assessment of all the bad and good that the British Colonial Empire stood for. Without hiding the injustices and violence committed by the Empire, Nigel Biggar argues that the Empire was not the embodiment of pure evil.
‘If the European Union views China as a rival, it will lose out. It has become evident in recent years that China has a competitive advantage in many areas of the economy,’ the minister declared. He emphasised that if the EU wants to benefit from its relationship with China, it should focus on cooperation based on mutual trust, respect, and benefits rather than rivalry.
Péter Szijjártó stated that one of the main pillars of the government’s foreign economic strategy is the economic relationship with China. ‘Companies like Huawei, which not only invest and create jobs in Hungary but also share technological knowledge and actively support domestic higher education, play the most important role in this,’ he declared.
Péter Szijjártó emphasised that except for Germany and China, Hungary is the only country where all three German luxury car brands have factories, and three of the world’s top ten electric battery manufacturers are already present in Hungary.
The PM opined that if the escalation leads to a world war, it is definitely going to be nuclear. He said that the situation in Ukraine is getting worse by the week, and the danger of escalation keeps increasing.
Péter Szijjártó pointed out that Hungary is already the world’s fourth-largest producer of electric batteries and that in the last thirteen months, batteries have been the country’s top export product.
David Curry has been the CEO of the most well-known international ministry, Open Doors USA, for ten years. The organisation recently changed its name to Global Christian Relief to achieve better cooperation between Christian denominations and NGO networks, and thus to help persecuted Christians more efficiently.
The Japan-Korea reconciliation is good news for both countries, the USA and the free world, and bad news for China, whose aggressive and threatening behaviour and wolf warrior diplomacy helped catalyse the process. Strengthening the trilateral security and military cooperation between the USA, Japan and Korea is definitely not something Beijing wanted to achieve with its aggressive posture. What we can expect from Beijing is now to try to drive a wedge between the newly found friends.
Hungarian Conservative is a quarterly magazine on contemporary political, philosophical and cultural issues from a conservative perspective.