Hungary’s PM-elect Magyar sends warm overture to China, vows fair play for firms

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AI Summary
Hungary's prime minister-elect, Peter Magyar, has expressed a desire for closer ties with China, referring to it as a major global power. Magyar stated his openness to discussions with Chinese leaders and extended an invitation for them to visit Budapest. He also signaled a willingness to welcome Chinese investment into Hungary. However, Magyar stipulated that all foreign companies, including Chinese firms, must adhere to Hungarian and European Union regulations concerning environmental protection, health, and workplace safety. He emphasized that investments should demonstrably benefit the Hungarian economy. The comments were made at a press conference on Monday in response to a question from the South China Morning Post.
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AI-ExtractedForeign firms must deliver tangible benefits to the Hungarian economy.
Foreign firms must comply with Hungarian and European Union rules.
Magyar said he would like to visit Beijing and that Chinese leaders are welcome to visit Budapest.
Magyar referred to China as “one of the world’s most powerful countries”.
Hungary’s prime minister-elect Peter Magyar has extended a warm overture to China.
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