{"id":171837,"date":"2025-06-10T02:44:10","date_gmt":"2025-06-10T02:44:10","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/171837\/"},"modified":"2025-06-10T02:44:10","modified_gmt":"2025-06-10T02:44:10","slug":"how-hungary-became-chinas-new-factory-hub-in-the-heart-of-europe","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/171837\/","title":{"rendered":"How Hungary became China\u2019s new factory hub in the heart of Europe"},"content":{"rendered":"<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">When Agosto Bodo took a job at a Chinese law firm\u2019s Budapest office last year, he found himself catapulted into the centre of a China-fuelled investment boom.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Yingke Law Firm, a major player in Chinese corporate law, had opened the new office to serve a wave of Chinese companies looking to open factories in Hungary. And the business was quickly gaining momentum.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">\u201cWe helped our clients with sourcing labour, looking for offices \u2013 we provided the whole service to help them overcome the language and culture barrier,\u201d Bodo said.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">For Bodo, who started as an intern before becoming a director\u2019s assistant, it was an eye-opening experience. He quickly had to learn a new way of doing business, which often revolved around boozy banquets with Chinese executives.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">\u201cI kept my alcohol consumption moderate,\u201d Bodo laughed. \u201cChinese clients are different from European ones in that they want to know you more personally.\u201d<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">By the time he left to start a master\u2019s degree in late 2024, Yingke\u2019s Budapest outpost had already signed 10 clients \u2013 a mix of new business and existing Chinese clients looking to expand into Hungary, Bodo recalled.<\/p>\n","protected":false},"excerpt":{"rendered":"When Agosto Bodo took a job at a Chinese law firm\u2019s Budapest office last year, he found himself&hellip;\n","protected":false},"author":2,"featured_media":171838,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5174],"tags":[71497,3801,71499,23014,1550,57389,1395,28901,14785,2000,299,5187,1699,71496,30422,2190,11854,1781,71498],"class_list":{"0":"post-171837","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eu","8":"tag-agosto-bodo","9":"tag-beijing","10":"tag-belt-and-road-initiative","11":"tag-budapest","12":"tag-byd","13":"tag-catl","14":"tag-china","15":"tag-chinese-companies","16":"tag-covid-19-pandemic","17":"tag-eu","18":"tag-europe","19":"tag-european","20":"tag-european-union","21":"tag-eve-energy","22":"tag-fudan-university","23":"tag-hungary","24":"tag-peter-magyar","25":"tag-viktor-orban","26":"tag-yingke-law-firm"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114656776217844792","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/171837","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=171837"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/171837\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/171838"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=171837"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=171837"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=171837"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}