China's Xi receives ceremonial welcome in Hungary ahead of talks with Orbán

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China's Xi receives ceremonial welcome in Hungary ahead of talks with Orbán
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Chinese President Xi Jinping has received a ceremonial welcome in Hungary’s capital ahead of a day of talks with Hungarian officials expected to result in further Chinese investments in the Central European country

Chinese President Xi Jinping received a ceremonial welcome in Hungary's capital on Thursday ahead of a day of talks with Hungarian officials which are expected to result in further Chinese investments in the Central European country. Hungarian President Tamás Sulyok received Xi in an opulent courtyard of Budapest's Buda Castle, where the two men walked down a red carpet beside a ceremonial honor guard and listened to the Chinese and Hungarian national anthems.

Both governments have been careful to keep the contents of any potential deals secret until their official announcement. But unconfirmed media reports suggest China could announce additional investments in EV manufacturing and in developing Hungary's railway network. Speaking at a government news conference on Thursday, Orbán’s chief of staff Gergely Gulyás said Xi and Orbán would announce specific agreements later Thursday, but did not provide further information.

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