‘Indeed, things are getting so difficult for Xi’s authoritarian directives…China’s economy actually fell into deflation in July, while factory-gate prices also extended declines—its debt is three times its GDP in 2022. Beijing’s consumer price index, the main gauge of inflation, fell 0.3 per cent in July, the National Bureau of Statistics of China (NBS) said, after having flatlined in June.’
The Hungarian economy is among the most open ones, however, it is following technological advancements relatively slowly. This could be dangerous, but if Hungary adopts state-of-the-art technology with the help of public investments, there is a great opportunity for development.
Hungarian Conservative is a quarterly magazine on contemporary political, philosophical and cultural issues from a conservative perspective.