Relations (1)
related 2.32 — strongly supporting 4 facts
China and Hungary are linked through significant economic ties, including Hungary's high share of Chinese inward investment [1] and a substantial 174% increase in Chinese investment within the country [2]. Furthermore, their economic relationship is characterized by Hungary's rejection of de-risking policies [3] and specific trade data regarding national exports to China [4].
Facts (4)
Sources
Quest for Strategic Autonomy? Europe Grapples with the US - China ... realinstitutoelcano.org 4 facts
claimHungary has rejected the concept of de-risking in its economic relations with China.
measurementIn Greece, Slovenia, Lithuania, and Hungary, exports to China accounted for less than 3% of total national exports.
measurementAmong countries surveyed in the Real Instituto Elcano report, Hungary has the highest share of Chinese inward investment at 5%, followed by Greece at 4.2% and the Netherlands at 2.1%.
measurementChinese investment in Hungary increased by 174%, rising from USD 2.22 billion to USD 6.98 billion.