Some 10 years ago, received wisdom had it that Africa had shrugged off its image as the 'hopeless continent', with investors entranced by the prospects of this economic final frontier. Now, though, ma...
The Moroccan economy grew by 2.8% year-on-year (YoY) in the first quarter in 2012, down from 5.3% in the previous quarter amid a poor harvest and the European debt crisis...
Hungary is by far the largest recipient of Chinese outbound direct investment in CEE.
In 2015, Hungary was selected by the Bank of China to launch its first RMB clearing centre in Central Eastern Europe.
In 2013, Hungary was the first CEE country to sign a currency swap agreement with the People’s Bank of China.
Hungary is the first European country to sign a memorandum of understanding on BRI co-operation with the Chinese mainland.
China National Tourism Administration opened its first CEE tourism office in Budapest in 2016.
China’s leading electric automaker BYD opened its first fully-owned bus plant in Europe in the northern Hungarian town of Komarom.
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