Myth. Reality is Hungary has a "golden age" of economic collaboration with China and not the US.
In 2024, U.S.-Hungary bilateral goods trade totaled roughly 6.8 billion, while Hungary is a key European hub for Chinese investment, particularly in electric vehicles (EVs) and batteries, with bilateral trade reaching 16.2 billion in 2024.
As a major recipient of Chinese Foreign Direct Investment (FDI), Hungary hosts major projects from firms like CATL and BYD, positioning itself as a central node in China's European supply chain.
nods of approval and handshakes from Brussels and many other European capitals.