Politics
Xi Jinping's European visit takes him to his allies, Hungary and Serbia
After France and its muted criticism, Xi Jinping continues his European tour with a visit to two countries considered safe ground. The Chinese president chose to honor with his presence first Serbia on Tuesday May 7 and Wednesday May 8, then Hungary until Friday. The two countries have limited demographic and economic weight, but their leaders, Serbian President Aleksandar Vucic and Hungarian Prime Minister Viktor Orban, use rhetoric that is very critical of the West and which appeals to the Chinese.
No criticism of human rights in China, Chinese trade policy or Beijing's support for Moscow is to be expected during these four days in Belgrade and Budapest. On the contrary, Vucic intends to celebrate what he describes as the “steel friendship” between Serbia and China, while Orban wants to defend his Hungarian “open policy” at a time when “our sales market the most natural » [Western Europe] “China can count on Hungary”, because the government rejects any effort that would exclude Chinese products from the European market in a form of “protectionism”, promised the Hungarian Minister of the Economy, Marton Nagy, before his visit, in response to threats. European trade retaliation against China's economic subsidy policy.
Serbia and Hungary hope that the visit will lead to concrete announcements in terms of investments. Vucic explained that he would ask the Chinese president to help him revive railway production in his country as well as investments in advanced technologies. Hungarian media are speculating that Chinese automaker Great Wall Motors will build a new Chinese electric vehicle factory near the southern town of Pecs. Xi could also announce the construction of a railway between Budapest airport and the center of the capital.
Major investments
In just a few years, Hungary's resolutely pro-Beijing policy has made the country the leading European destination for Chinese electric vehicle manufacturers. “Compared to other countries in the region, such as the Czech Republic and Poland, Chinese companies appreciate Hungary for its 20 years of good relations with China,” explained Agnes Szunomar, director of the Institute of Global Studies from Corvinus University of Budapest.
The world's leading battery manufacturer, China's Contemporary Amperex Technology Co., Limited (CATL), has set up its second and largest European factory in the eastern Hungarian city of Debrecen, which will supply major European automakers present in the region. Chinese multinational electric car giant BYD announced in December 2023 that it would follow suit in the southern city of Szeged. These investments will generate thousands of jobs in this central European country, whose economy has until now mainly depended on the German automobile industry. Szunomar believes that “these factories should also make it possible to circumvent possible trade barriers”, if Brussels decided to increase customs duties on vehicles produced in China.
You have 66.13% of this article left to read. The rest is reserved for subscribers.
|
Sources 2/ https://www.lemonde.fr/en/international/article/2024/05/08/xi-jinping-s-european-visit-takes-him-to-allies-hungary-and-serbia_6670753_4.html The mention sources can contact us to remove/changing this article |
What Are The Main Benefits Of Comparing Car Insurance Quotes Online
LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos
to request, modification Contact us at Here or [email protected]
 |
 |
 |
