Tag: china

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Chinese investments in Europe down 80% in H1

August 13, 2019, 8:42 am
Chinese investment in Europe has plummeted by 80% in the first half of the year compared with the same period in 2018, according to a semi-annual study by consultancy firm Ernst & Young released on Monday.... 

Chinese data to set the tone for this week

July 15, 2019, 8:07 am
China has published its crucially important monthly data package early on Monday, and it was topped by the release of the second-quarter GDP growth statistics, so a host of investors are now contemplating... 

Hungary cenbank chief Matolcsy: "We live in a new era."

July 12, 2019, 11:40 am
A friendship of several thousand years connect the Chinese and the Hungarian people; a 70-year-old diplomatic relationship connects the two countries, and we now live in a new era, “the era of Eurasia"... 

Budapest-Belgrade rail link under construction

July 8, 2019, 11:48 am
Reconstruction of the Serbian section of the fast-track rail link between Budapest and Belgrade has begun, preparations for construction have started on the Hungarian section, and a contract for the full... 

World's second biggest bank comes to Hungary

June 21, 2019, 10:07 am
The China Construction Bank, the second largest bank globally with assets worth more than USD 3,400 billion, will open a branch office in Hungary, Reuters reported. The bank's management held talks with... 

Secrecy? It's no use. Giant citric acid factory to be built in Hungary

June 20, 2019, 5:10 pm
Preparatory works for the construction of a citric acid factory in Szolnok, a project in the making for eight years, could have already started, Hungarian economic news portal hvg.hu reported on Thursday.... 

Budapest Stock Exchange introduces itself in Shanghai

June 18, 2019, 4:53 pm
The first Hungary Investor Day was held last week in Shanghai, under a co-operation between the capital markets of Hungary and China. Richárd Végh, the Chief Executive Officer of the Budapest Stock Exchange... 

China's CMC to start construction of mammoth solar park in Hungary

June 14, 2019, 3:35 pm
The China National Machinery Import & Export Corporation (CMC), specialised in the import and export of mechanical products, is to start the construction of a 100 megawatt photovoltaic power station, the... 

Opus can also benefit from Budapest-Belgrade rail link

April 30, 2019, 12:28 pm
Over the last few days, more violent swings in the share price of Opus and Konzum were caused by reports that RMI International Zrt. - as member of a consortium with two Chinese companies - won a HUF 750... 

Hungary to promote Chinese relations in Europe

April 26, 2019, 12:33 pm
Hungary is ready to promote the development of Europe-China relations as a whole through the platform of cooperation between China and Central and Eastern European countries, Hungarian Prime Minister Viktor... 

China's CMC mulls massive investment projects in Hungary

April 26, 2019, 9:39 am
The China National Machinery Import & Export Corporation (CMC), specialised in the import and export of mechanical products, is to carry out energy-related investments of up to one billion euros in Hungary... 

Hungarian-Chinese consortium wins mammoth Budapest-Belgrade railroad project

April 25, 2019, 4:22 pm
The tender invited for the renewal of the Budapest-Belgrade railroad has been successfully closed, the winner, a Chinese-Hungarian consortium, has been announced, and the offered price is acceptable, Hungary’s... 

Orbán wants more Chinese capital investments in Hungary

April 25, 2019, 8:22 am
The Belt and Road Initiative (also known as the One Belt One Road) fully matches Hungary’s national interests, said Prime Minister Viktor Orbán at a meeting with Chinese Premier Li Keqiang in Beijing... 

Hungary to buy 3,000 electric buses - government official

April 18, 2019, 2:01 pm
The Hungarian government is to finance the acquisition of 3,000 electric buses in the current governing cycle, the minister leading the Prime Minister’s Office announced on Thursday. Gergely Gulyás... 

Hungary's Orbán wants to do more business with China

April 12, 2019, 5:30 pm
The construction contracts for the modernisation of the Budapest-Belgrade railroad may be signed shortly, Hungarian Prime Minister Viktor Orbán said at the 16+1 summit, a co-operation forum between China... 

Hungarian Premier to meet Chinese counterpart

April 11, 2019, 5:09 pm
On Thursday afternoon, Hungary’s Prime Minister Viktor Orbán will travel to Dubrovnik, Croatia where he will attend the eighth “16+1" summit, the most senior economic co-operation forum of... 

Chinese goods reach Hungary in record time

April 10, 2019, 1:50 pm
Regular container transports have started on railroad between China’s Xi’an, the capital of Shaanxi Province with a population of 13 million people, and Budapest, the capital city of Hungary.... 

Hungary wants to see Budapest-Belgrade railroad ready by 2023

April 9, 2019, 10:57 am
Hungary is committed to the earliest realisation of the Budapest-Belgrade railway line, said Finance Minister Mihály Varga at talks with China’s Eximbank in Beijing, China on Tuesday. It may be decided... 

Hungary to raise Chinese funds cheaper than last year

December 13, 2018, 11:43 am
Hungary has set an indicative price range of 3.9%-4.5% for its second Panda bond offering, according to a filing on the Shanghai Clearing House, IFR reported on Thursday. The country made its debut in... 

Hungary to issue "panda" bond again shortly

December 13, 2018, 8:18 am
Hungary is set to issue two billion renminbi worth of so-called “panda" bonds on China’s onshore market next week, pro-government daily Magyar Idők reported on Thursday. This is double the... 
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