Chinese President Xi Jinping’s recent visit to Hungary highlighted the unique partnership between the two countries amid increasing tensions within the European Union. The visit resulted in significant economic agreements that pave the way for China’s expansion in Europe.
In Hungary, Xi and Prime Minister Viktor Orbán solidified an “all-weather partnership” focusing on economic cooperation, including deals on railway bypasses, high-speed trains, nuclear industry expansion, electric vehicle infrastructure, and oil pipelines. This strategic partnership signifies Hungary’s willingness to embrace Chinese investments despite growing concerns in other EU countries.
Similarly, Serbia has also welcomed Chinese investments, culminating in a historic “shared future” agreement with Beijing. By aligning with China, both Hungary and Serbia are challenging the unity of the Euro-Atlantic community, raising concerns among Western allies.
While these partnerships offer economic benefits, they also underscore the shifting geopolitical dynamics in Europe and the potential security risks associated with China’s growing influence. As Hungary and Serbia deepen ties with Beijing, they face scrutiny from Western partners and the EU over democratic values and strategic alliances.