Behind China’s massive bet on Hungary | DW News
China is investing billions in Hungary. It’s using the country as an entryway into the European market. A planned BYD gigafactory and several battery plants are promising jobs for locals – and a way for Beijing to bypass EU import tariffs.
Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1
For more news go to: http://www.dw.com/en/
Follow DW on social media:
►Facebook: https://www.facebook.com/deutschewellenews/
►Twitter: https://twitter.com/dwnews
►Instagram: https://www.instagram.com/dwnews
►Twitch: https://www.twitch.tv/dwnews_hangout
Für Videos in deutscher Sprache besuchen Sie: https://www.youtube.com/dwdeutsch
#dwbusiness #hungary #china
40 comments
German is worrying its auto industry 😅
Ironic that a conservative Nationalist xenophobic country like Hungary is brokering deals with China.😅
Chinese company's cars are investing much faster than Germany, while the German government is focusing on restricting freedom of expression 🔻🔻
Germans not compliant who boomed the Nord Pipe and who establish military base to control them, by criticizing China invest in Hungary😁😁😁😁
Taiwan, South China Sea,
Get out, Xi JP.
Get out, CCP.
What about German automakers in EU hmm?
Simply talking about others except themselves
Victor likes to do business with the Autocrat’s governments , creating dangerous situations for the Democracy
EU and EV == FAILED PROJECTS!
🤣🤣🤣UE💩💩💩
if it's china
then there are problems
if it's US or Europe then it's ok
So you are saying that chinesse cars will polute more that the bombs, tanks, missiles, warplanes, warships that Ursula wants to make? I'll take Xi's strategy over that of the EU unelected officials.
匈牙利虽然是欧盟的bottom，但其民主程度也在中国之上，至少NGO不会被关进监狱
匈牙利虽然是欧盟的bottom，但其民主程度也在中国之上，至少NGO不会被关进监狱
China is Hungary for Europe
Isn’t Mercedes doing the same
Why US or Europe don't invest in Hungary.
chinese are not investing, they are actually buying hungary one bit at a time and the hungarians do not know or understand; the only person to gain from this is orban – too bad the people do not notice because of the crumbs being given to them by orban and the chinese
Bye, bye, western European legacy auto industry.
And then after, Hungary will also have thousands of undocumented chinese people.
Bitcoin seems to have its pros and cons.
DW it is obvious who pays you
apart from more jobs they will also see more chineses
Everything comes at a price in life
Tesla has EV cars factories in Germany and is polluting the soil / water in Germany !
Uraaaaaaaaaaaaaaaa🇷🇺🇷🇺🇷🇺🇷🇺
As of 2024, the market share of European passenger car brands in China remains relatively modest. For instance, German automotive brands hold a market share of around 5% in China.
@yasinhy
How does the Chinese public financing system work? For around twenty years, in the wood industry in France, Chinese buyers bought at very good prices, for several years, the entire local production of beech logs, a wood used to make, for example, toys. Unable to find raw material, French sawyers abandoned this know-how and are now unable to process this wood industrially. French toy manufacturers, after a very difficult time trying to sell wood toys in competition with Chinese toy imports, had to buy beech sawn in the Czech Republic, Romania, Germany, etc. and finally, they had to close their businesses…
Hungary needs communism!
Hunagary is asking to replace it with Ukraine. I say it is a good deal. We loose 10 million people, but get 30 million loyal and grateful people and breadbasket of Europe with experienced military. We can't have backdoor in Europe to enemy countries.
Ursala is sooooo jealousssssss
Save the spotted wood owl, save the whales!@ how about save the Palestinians who are part of the human race first??? how eco-riduculous
The funny thing is that most Germans still thought that China was like the poorest country in Europe: Moldova and all those Cbinese EVs were made with stolen technology from Germany! Look at Tesla's factory in Germany, the worst night mare for Ellon Musk. Most Germans didn't know that the Chinese economy is larger than the entire EU economy.
DW reports bad: sign of being on the right path….
DW desperetly searching for reason to blame Orban, 🙂 we used to have this ideological broadcasting in communist Czechoslovakia. You should be doing better commrats 🙂
your people have no say because its not your job, not your land, you have no say whether i can go pee now or later
And now there is drought and agriculture disaster in the country…
But Hungary clearly is not interested in europian values except for the money/ subsidies, let them ask help from their collegue dictators in russia and china ,they love them soo much 😂
Dw is run by putin lovers , block this channel 👍
Orban sabotage Europe 😂
Hungary's gotten so much investment from Germany, the EU and the West, but now with its Ukraine and Russia policy, it intentionally acting as a back door into Europe for Russian intelligence since 2009, now opening the flood gates with no conditions Russian and Belraussian visas, and going against every EU policy, its time to kick Hungary out of the EU and NATO. Lets see Orban get re-elected and all the windfall of EU, German, Russian and Chinese investment continue without access to the European market.
That should be the cost of electing a fascist oligarch populist that stands against all our EU values.
I wish more Hungarian citizens spoke up to wrongful state decisions or for good faith concerns the way the two women in this segment do.
That is germsny gone😂😂 guys, u need to put up with the fact, times changing