The dragon strikes again.
Hungary used to belong to the Soviet (Russian) sphere of influence and the Soviets (Russians) crushed a Hungarian rebellion in 1956.
Communism collapsed and then Hungary went under the US/western sphere of influence. However Hungary which stood up to the Soviets is standing up to the western capitalists including the IMF whom they have argued with recently.
China is expanding its influence in this EU state.
Hungary to be gateway to Europe for Chinese tech company
BY MTI
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Comment [32]
All products of China’s Huawei tech company will pass through Hungary to the European market, Bin Yunsong, the managing director of Huawei Technologies Hungary said on Monday, opening a 30,000sqm logistics centre in Biatorbagy, west of Budapest.
Huawei is also raising its production in Hungary, he said. All products destined for Europe will be made in Hungary by 2015 or will pass through the Biatorbagy logistics hub, he said, adding that the headcount at the centre will double to 3,000 employees.
Logistics company DHL operates the centre as a partner of the Chinese company, sending out lorries to Europe, East Africa, Russia and the Middle East.
Hungary used to belong to the Soviet (Russian) sphere of influence and the Soviets (Russians) crushed a Hungarian rebellion in 1956.
Communism collapsed and then Hungary went under the US/western sphere of influence. However Hungary which stood up to the Soviets is standing up to the western capitalists including the IMF whom they have argued with recently.
China is expanding its influence in this EU state.
Hungary to be gateway to Europe for Chinese tech company
BY MTI
inShare
Comment [32]
All products of China’s Huawei tech company will pass through Hungary to the European market, Bin Yunsong, the managing director of Huawei Technologies Hungary said on Monday, opening a 30,000sqm logistics centre in Biatorbagy, west of Budapest.
Huawei is also raising its production in Hungary, he said. All products destined for Europe will be made in Hungary by 2015 or will pass through the Biatorbagy logistics hub, he said, adding that the headcount at the centre will double to 3,000 employees.
Logistics company DHL operates the centre as a partner of the Chinese company, sending out lorries to Europe, East Africa, Russia and the Middle East.
















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