Zoltan Simon

Chinese President Xi Jinping will visit Hungary from May 8 to 10 as part of a trip to Europe, Cabinet Minister Gergely Gulyas said at a briefing on Thursday.

The government in Budapest has made no secret of its drive to put assets in Hungarian hands, and more foreign companies are under pressure.

Peter Magyar, the upstart Hungarian politician who didn't have a party just weeks ago, has become by far the most popular opposition politician in a potential challenge to Prime Minister

German companies have long treated Hungary like their backyard. Carmakers Mercedes Benz AG and BMW AG and Volkswagen AG's Audi continue to expand their footprint, driving the country's exports, while weapons producer Rheinmetall AG is building a handful of new factories.

Hungary plans to sign at least 16 agreements with China during President Xi Jinping’s three-day visit from Wednesday, according to Foreign Minister Peter Szijjarto.

President Xi Jinping is set to announce a range of new investments in Budapest as he touts Prime Minister Viktor Orban's Hungary as a model for what the European Union's relationship could look like with the world's second-largest economy.

Chinese President Xi Jinping pledged more rail and energy investments in Hungary to serve as China's gateway into the European Union as he secured

Hungary agreed to deepen ties with Chinese telecom equipment maker Huawei Technologies Co. during President Xi Jinping 's visit to Budapest this week, a move that's poised to further strain the country's relationship with Western allies.

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