Why are Chinese companies choosing to build factories in Hungary?

Overseas Media: Why are Chinese Companies Rushing to Set Up Factories in Hungary?

Hungary, with its low wages, generous subsidies, and pro-China stance, has attracted a large number of Chinese companies to set up factories, becoming a new hotspot for Chinese investment in Europe. In recent years, Hungary has surpassed major European economies to become the preferred location for Chinese companies to establish factories in Europe.

Augusto Bodó joined a Chinese law firm last year and personally experienced the Chinese investment boom, rising from an intern to a director assistant. He helps clients find labor and office locations, adapting to the business culture of building personal relationships with Chinese executives during banquets.

Source: https://www.toutiao.com/article/1834512231499780/

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