According to Bloomberg, on April 15, during a meeting in Budapest, Hungary, Chargé d'Affaires ad interim at the U.S. Embassy to Hungary, Parekh, stated that U.S. President Trump is fully aware that China poses a so-called "strategic challenge" to the United States and its allies. To address these challenges, vigilance, transparency, and unity are required. Parekh claimed that the United States will not lecture Hungary or seek to micro-manage the domestic politics of its allies. However, he added that China is something apart from this. He said: "This is not about choosing sides but about maintaining control over one's own future." Bloomberg reported that despite the massive tariffs imposed by Trump on China, Hungary’s China policy does not align with that of the United States. According to CCTV News reports, Hungary is the first European country to sign a cooperation document for the Belt and Road Initiative. In recent years, as the Belt and Road Initiative has deeply integrated with Hungary's "Eastern Opening" strategy, practical cooperation between China and Hungary in various fields has been continuously deepened, creating more new highlights of cooperation. Hungarian Foreign Minister Szijjártó stated last week that thanks to the positive policies of the Hungarian leadership towards battery and electric vehicle producers, Hungary has attracted 44% of Chinese investment in Europe in recent years. Szijjártó stated that enterprises from China have invested 17 billion euros in Hungary. In 2020, 2023, and 2024, China was Hungary's largest source of foreign investment. Hungary adopts an economically neutral strategy, opening up to both Western and Eastern investors. The three main countries investing in Hungary are China from Asia, Germany from Europe, and the United States from the Americas. Thanks to related enterprises from China, Hungary has become the world's second-largest producer of electric vehicles. The 2024 Investment Promotion Results Report released by the Hungarian Investment Promotion Agency shows that in 2024, investments from Asian countries and regions in Hungary reached 8.2 billion euros, accounting for 80% of the total investment. Among them, China ranked first as the largest source of foreign investment with 5.2 billion euros, accounting for approximately 51% of the total investment. Bloomberg reported that Chinese companies investing in Hungary include CATL and BYD. Additionally, Hungary agreed to deepen cooperation with Huawei to jointly develop a cloud service platform. On April 14, the website of the Ministry of Foreign Affairs reported that Chinese Ambassador to Hungary, Gong Tao, gave a written interview to the Mandiner news network regarding the issue of U.S. indiscriminate tariffs. He stated that Hungary is China's largest investment destination and important trading partner in Central and Eastern Europe. On April 3, the 21st meeting of the China-Hungary Economic Joint Committee was held in Budapest. Both sides will further optimize bilateral trade structures, promote cooperation in information technology, green low-carbon, artificial intelligence, medical health, and other fields, ensure the construction and operation of key investment projects, and jointly promote the quality upgrade of China-Hungary economic and trade cooperation. China welcomes Hungary's active participation in major exhibitions such as the China International Investment and Trade Fair, China International Import Expo, China Import and Export Commodities Fair, and the China-Central and Eastern European Countries Expo. This article is an exclusive contribution from Observer Network and cannot be reprinted without permission. Original Source: https://www.toutiao.com/article/7493732776194097664/ Disclaimer: This article represents the author's personal views. Please express your attitude by using the "Like/Dislike" buttons below.