Chinese President Xi Jinping arrives in Hungary, final stop of his European tour
China's leader is anticipated to solidify several agreements with Hungarian Prime Minister Viktor Orbán, further cementing Beijing's economic presence in the region.
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00:00 Chinese President Xi Jinping has arrived in Hungary, his third and final stop on his tour
00:07 of Europe. He was met at the airport by Hungary's Prime Minister Viktor Orban and in a speech
00:14 said China and Hungary are good partners of mutual trust.
00:20 Shortly after Xi's arrival, Orban took to X simply saying "Welcome to Hungary, President
00:25 Xi." This year marks the 75th anniversary of China-Hungary ties and that relationship
00:32 is expected to get closer. Hungary was the first member of the European Union to join
00:38 China's Belt and Road Development Programme, seen by many in Europe and China as Beijing's
00:44 gateway to the European continent. Part of that project will see the construction of
00:49 a railway line between Budapest and Belgrade financed mainly by Beijing. But not everyone
00:56 in Hungary is convinced.
01:04 Brussels, meanwhile, is advocating for protectionist measures to limit China's economic ambitions
01:28 in Europe. And the European Commission has opened investigations into Chinese subsidies
01:34 to electric vehicles and solar panels, accusing them of distorting competition.
01:39 (whooshing)
01:41 (whooshing)