Xi Jinping's European Tour Strengthens China's Foothold in Hungary and Serbia
Chinese investments in infrastructure and energy deepen ties with Hungary and Serbia, raising concerns among Western allies.
- China and Hungary agree on major infrastructure projects, including a railway bypass and high-speed train link.
- Serbia signs a 'shared future' agreement with China, marking a significant step in their bilateral relations.
- Hungary and China expand cooperation in the nuclear industry and electric vehicle infrastructure.
- Western officials express unease over China's growing influence in Central Europe.
- Hungary's alignment with China contrasts with the broader EU's cautious stance on Chinese economic partnerships.