Behind China's massive bet on Hungary | DW Business

China is investing billions in Hungary. It's using the country as an entryway into the European market. A planned BYD gigafactory and several battery plants are promising jobs for locals - and a way for Beijing to bypass EU import tariffs.
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[@mzwandilemakhubu5617]

no one was complaining when VW and BMW was dominating markets

[@123_1]

Its not dominating market, its destroying market and the environment... and undermining security of Europe!

[@cooltwittertag]

were you not listening? A lot of people were complaining. Why make stuff up, because you're a bot?

[@mattiafrancescobruni8318]

Yeah, and polluting too….

[@vervetech9395]

@@mzwandilemakhubu5617 still has a significant market share in China which is why Germany, a car export dependent country is so scared of retaliation from China. VW is still the 2nd most sold car in China which is the biggest car market in the world

[@carkawalakhatulistiwa]

​​@@cooltwittertagSo why not BMW made car factory in Hungary. Don't just blame China . Jerman just greedy and hypocritical

[@MrSwordstroker]

was this edited by a student?

[@simonthekindcutthroat6324]

In these days, I would sooned say AI. Half of yt is just generated content now.

[@wdp7128]

😂😂😂😂😂

[@Sjalabais]

Haha, thought the same thing. Ridiculous choice of music and effects.

[@klaudelu18]

Was just about to ask the same thing. Juvenile editing.

[@jacekicksass]

Feels like a youtuber with 500 subscribers made this

[@Santakrish123]

😂 Germans are worried that Hungary will become the top car manufacturer in Europe

[@dammitdan106]

Chinagary, where the people go hungary.

[@ricoh634]

Brooo that was awesome 😂

[@giacomu1]

Germany gov. is not happy as a nr.1 car manufacturer in europe, they are way behind China on EV production, this is Germany bread and is goind away fast.

[@charlesjenner1951]

Impossible, because the German automobile industry builds cars all over the world, it's too huge. The local workforce in Hungary is also largely insufficient. What worries German manufacturers is the Chinese competition in electrical components and batteries, but not the factories.

[@nizicike759]

If US invest Hungary there will be a lot of military bases

[@Dante-fk4yi]

Absolutely

[@vervetech9395]

And DW news would think it's fine because it's coming from their boss in Washington. But China creating jobs for people and growing Hungary's economy is bad. That shows you that they can't look past their bigotry. Hardly anyone cares about the political system and internal affairs of other countries because they know it isn't their business.

[@socialreport2836]

And a lot of money, jobs, civil services.

[@ytn00b3]

Hungary is in NATO

[@Booz2020]

Indoensians : Stand With Palestine, Trade with 🇨🇳, URra 🇷🇺, End 🇺🇸 Support to Israel 🗣️ Also Indoensians : Guys please, move to BALI 😂 😂

[@happymelon7129]

When the U$A says they want to help you by building infrastructure in your country, they don't mean hospitals, roads, schools, etc. They mean military bases. --island country saying

[@petergreen5337]

❤exactly

[@PlaceHolder-br9pz]

And what island would that be? I'd love to look it up.

[@kinngrimm]

Sooo US companies that build factories in europe do not count?

[@123_1]

- China is building you expensive bad infrastrucure with their own workers, from loan provided for you overpriced... Then you can pay the bill for infrastrucure that will never return, for hundreds of years... - USA builds military bases on their own cost, providing many local service and support jobs, earning income that promotes further local business activity...

[@happymelon7129]

Sad for Okinawa , three newly exposed cases not prosecuted. 2024-7-3 After two sexual assault cases were revealed in the U.S. military stationed in Okinawa, Japan, Japanese media learned on July 2 that among the cases of U.S. soldiers and other personnel investigated by the Okinawa Prefecture police since 2013, there were three other unannounced sexual assault cases, making the The total number of unannounced sexual assault cases has increased to 5. The three newly exposed cases are one case of "non-consensual sexual intercourse" each among US military personnel and a Marine, and one case of "forced sexual intercourse" among Marines. None of the persons involved have been prosecuted.

[@Avatar_2025]

why then impose tarrifs on EVs manufactured in China if building them in Europe will interfere with environment?

[@williamhornabrook8081]

Probably politicians in the pocket of western car manufacturers trying to stop cheap Chinese cars getting in.

[@foldvarimarton]

@@Avatar_2025 because they employ local workforce and pay taxes.

[@Avatar_2025]

@@foldvarimarton but from the people being interviewed, it seems they not interested in jobs.

[@joaofranciscojundo4421]

​@Avatar_2025 those people are selected to propagate the what DW wants you to hear.

[@oliveryb]

boz low competitive products since turn to tariff

[@tengchuankhoo6585]

There is feeling DW is not very happy with Hungary 😂

[@xiphoid2011]

Most of the Europe, maybe most of the world, has been unhappy with Hungary for years. It's slowly turning into a dictatorship which is also a reason why China is finding a kindred spirit with it.

[@shinji1264]

​@@xiphoid2011they just asked zelensky to give up his land to Putin, lmao blacklist those clowns immediately

[@topvines7949]

DW is a German news channel and germany's main revenue is the auto industry so of course they're scared of competition lol Chinese can sell same quality electric cars for much lower price than European manufactures, because the chinese don't need huge profits and they don't need to spend billions lobbying the European parliament

[@cooltwittertag]

do you want them to sing the chinese national anthem for 4 minutes? This report wasnt exactly super critical to begin with, it was pretty benign for how much of an environmental catastrophe EVs are.

[@Joey-ct8bm]

@@cooltwittertag That's nonsense. In the long run EV's are better for the environment. You can recycle batteries without heat until the end of time. You can't do that with a combustion engine.

[@disanKh]

So you don't like EV anymore....

[@jorsm.3893]

Many never did, realistically, the battery technology right now is insufficient, and they are mass produced prototypes.

[@onlinepersonalitydisorder1051]

Because it is an unfair competition. In EU there are strict rules against subsidization of private companies so that they can compete in the common market on equal footing. But China subsidizes it's domestic companies like BYD HUGELY. EU and USA started putting tariffs on Chinese EV's to level the playing field but if BYD just build their cars in Hungary then it won't work. And R&D that is a bulk of state sponsored subsidies will still apply to this factory so... It is simply unfair

[@chukwuemekaokeke6944]

​@@onlinepersonalitydisorder1051and the Americans don't subsidize right......funny please adequately study. Anything the Chinese are doing today the Americans did the same, but it's just that the Chinese are getting better at the game

[@xupeisong8597]

Which means EU consumers gets to enjoy technology developed using Chinese tax for free. Truely unfair@@onlinepersonalitydisorder1051

[@samo4003]

Yes, if manufacturing and environmental standards are not met. Go check China's manufacturing and environmental standards and you will understand. 😁

[@ioannisdimakis7460]

Go on DW. Lower and lower.Soon you reach the bottom.

[@ht9068]

DW is already at bottom of a bunch of shameless western media!

[@triochansingh5083]

China in Thailand and Hungary.

[@igoldenage]

They're all cousins if you know the history well.

[@michaeljiang960]

DW feel sour grape today.

[@connectingthedots5987]

DW is envious

[@cooltwittertag]

Nobody is envious of Hungary

[@dragicaernaut7358]

So now EV`s are bad for environment.

[@petergreen5337]

Well said

[@jacekicksass]

Yes, now that Europe can't compete, EVs are bad.

[@123_1]

@@jacekicksass consumers decided that...

[@cooltwittertag]

Yes they are? Thats the same reason why DW criticized the Tesla Gigafactory at Berlin. They havent changed their stance, but you are a bot so you have an agenda to push.

[@dragicaernaut7358]

@@cooltwittertag i guess you missed yesterday's episode about rivine

[@GuruKhatri1]

The editing 😂😂

[@seanzn]

I thought it was filmed by an unmanned attack aircraft, or maybe they just outsourced to the BBC.

[@TheJoema7]

edited by indian tv serial editors... 😜

[@davidkwok777]

DW reporters always try to look for the negatives in reporting stories on countries, with different views from Uncle Sam. EVs are green vehicles, so production of EVs should benefit the environment 😄

[@zeeshanahmadshah8954]

Why DW support all the negative news around the world.

[@mgronich948]

No just negative news about CHina and RUssia. As to why? Because a large part of their funding is from the US agency NED.

[@zeeshanahmadshah8954]

@@mgronich948 i am very impressed by BYD automobile technology Can’t wait to have it. They criticise because they can’t compete.

[@resnica3557]

Have you ever thought about what the acronym for "Dooming (the) World" should be?

[@exodus888]

Same with Tesla in Germany 😢

[@nsaurabh25]

Tesla will still cost 2-3 times more than BYD.

[@123_1]

Tesla is not BYD ! American is not Chinese ! Germany is not Hungary !

[@dammitdan106]

Five words at no cost. Facts, data, interviews and historical context elude thee.

[@nukiolbartes6279]

@@123_1exceptionalism u mean?

[@123_1]

@@nukiolbartes6279 I mean quality, reliability, integrity, transparency, responsibility, control, good governence: trust in governence and auhorities...

[@wadslong]

Why is this a problem

[@onlinepersonalitydisorder1051]

Because it is an unfair competition. In EU there are strict rules against subsidization of private companies so that they can compete in the common market on equal footing. But China subsidizes it's domestic companies like BYD HUGELY. EU and USA started putting tariffs on Chinese EV's to level the playing field but if BYD just build their cars in Hungary then it won't work. And R&D that is a bulk of state sponsored subsidies will still apply to this factory so... It is simply unfair

[@sergio7248]

Because China is a dictatorships

[@ZETA14.88]

​@@onlinepersonalitydisorder1051 why don't EU just buy those HUGELY subsidized cars and resell them for what they deemed as fair price? Boom subsidy instantly pocketed by EU

[@Baz.007]

​@@ZETA14.88undermining the competition is more important

[@Nubbe999]

@@ZETA14.88 That is what the tariffs do.

[@liangprivate7770]

Did BMW or Tesla ever destroy the environment in EU?

[@cooltwittertag]

There's tons of reports by DW about german car manufactuers destroying the environment, but you'd have to not be a bot to know this

[@sportszone9159]

If Hungarian starving all media will be silent, when they gets job, West media😂😂😂

[@juhao356]

Italy. join BRI. left BRI. after left BRI, they come to Beijing ask for help and investment. Something must be wrong with their brain. Hungry politics is very steady

[@pohmoh3590]

@@juhao356 Same as Argentina 😂

[@xiphoid2011]

@@juhao356 what are you smoking? Hungry is the pariah of Europe, basically disliked by all.

[@yss8169]

​@@xiphoid2011 So, on one hand, you blame on Hungry and say that they are pariah , on the other hand, you want Hungry to do things your way? Interesting. I found an alternative to staying silent.

[@tharnganbenedict24]

Best decision for hungary. It would still get affordable gas and oil that would keep their market competitive while opening up to byd to be an ev hub in europe. More jobs for hungarians while germany looked into a sad horizon.

[@mandlwlrma2785]

why dw edit their news like bollywood movies😂

[@vignonamoussouvi3592]

You guys don’t know what to say anymore.

[@carkawalakhatulistiwa]

So why not BMW made car factory in Hungary. Don't just blame China . Jerman just greedy and hypocritical

[@sharkusvelarde]

Who's jerman?

[@jacobl5488]

Watch what happens guys, when China develops a new type of technology so useful to everyone.. but everyone will just say oh overcapacity

[@123_1]

EV are stacked up in piles in China... Noone wants those cars, noone cares the environment, noone cares the costs...

[@gazzman6547]

China never developed anything they stole. The Chinese EV tech are stolen from Tesla. USA is the only country that develops tech that useful to everyone like Internet, Microchips, AI and etc.

[@zhaolei6650]

When China develops a technology which the west has, they say China copies. When China develops a technology which the west doesn’t have, they say China cheats.

[@gwanlee]

That is a theoretical impossibility since China doesn't possess the technology to innovate. They just copy and steal.

[@attilaszovan]

Well, Samsung has built factories in Hungary as well and half of the workforce are Koreans, so I'm not sure how big the opportunity for Hungarians is.

[@123_1]

And there are massive groud water contamination issues...

[@attilaszovan]

​​@@123_1 And let's not forget, that companies in general have a hard time to find workforce at all, not to mention proper ones... So let's see who will do the actual work at the end. My guess is Asian and emigrants from close by neighboring. Countries.

[@LeePierre]

Like the port in Sri Lanka. Same choreography

[@chris-tal]

@@attilaszovan China has factories at home where even the lights are switched off on the whole factory floor. Why? Lines/business units/cells are fully automated using robotic arms, conveyor belts, etc. and lights only come back on when maintenance teams have to go in for repairs. So maybe in the future there won't even be asians bought in as a workforce. Their younger generations at home are silently protesting the low wages they get and the housing crisis by not taking complex jobs or any jobs at all. They seem to have had enough of going nowhere in life whateverthey do. The benefit to the chinese must be mostly the import tariff "loophole", but for Hungary I can't see any benefit for now. Collecting some low taxes or making up for an export deficit?

[@gwanlee]

'Half'? Try again

[@thembastoep733]

Sometimes jobs and the environment just don't like each other

[@sharia_law5563]

The people who've destroyed Nordstream are worried about the environment.😅

[@mgronich948]

China went to EVs improve their environment. The environmental damage claim is bogus.

[@florianfelix8295]

Sometimes capitalism and the environment don’t like each other. Good thing we don’t need the environment.

[@sydca5365]

You could always find a couple local Karens complaining about things, not a surprise.

[@onlinepersonalitydisorder1051]

Because it is an unfair competition. In EU there are strict rules against subsidization of private companies so that they can compete in the common market on equal footing. But China subsidizes it's domestic companies like BYD HUGELY. EU and USA started putting tariffs on Chinese EV's to level the playing field but if BYD just build their cars in Hungary then it won't work. And R&D that is a bulk of state sponsored subsidies will still apply to this factory so... It is simply unfair

[@shinsaber2109]

​@@onlinepersonalitydisorder1051 What are you talking about? The US subsidized nearly $3 bil. for Tesla in 2023 alone. Why no tariff on Tesla? Just admit it that the EU does not dare to do it because Tesla is an US company and BYD is a Chinese company.

[@catalina5382]

Karen complaining about *checks notes*: not wanting to be poisoned for corporations to make a bit more profit margins Yeah, she's the crazy one/s

[@onlinepersonalitydisorder1051]

@@shinsaber2109 Bro they literally had to build factory in China so that they could sell significant amount of tesla's in China. China for a long time had huge tariffs on foreign cars no matter if they were EV's

[@claus-not-santa]

@@onlinepersonalitydisorder1051 Are you a parrot 🦜?

[@krollpeter]

Full of bots. That does not make sense anymore, DW.

[@claus-not-santa]

Are you one of them?

[@dammitdan106]

Kremilinbots and neurotically PC unpersoningbots.

[@MotoRide.]

Yeah best to disable comments at this point.

[@JigilJigil]

Yes, kremlin bots and wumaos are pretty active.

[@donkeykong516]

Germany sounds jealous.

[@amunra5330]

DW you forgot to 'but at what cost' in the title.

[@robvannNS]

I wish they would come to Canada.

[@littlebrit]

Factories of European companies in China can pollute as much as they want, but Chinese companies can't even establish a single car factory ? I have been to factories EU companies factories in China and they are terrible. We basically exported our pollution.

[@krollpeter]

I worked in China. What you write is absolutely untrue. Chinese companies get away with work standards, lack of safety and pollution levels that no western company would be allowed. I am in R&D and came around almost all China. What I have seen inclusive child labour is not from this world.

[@PropaneWP]

Yes, this is why China is rich from industry and desperate for food sources that aren't polluted

[@Booz2020]

Indoensians : Stand With Palestine, Trade with 🇨🇳, URra 🇷🇺, End 🇺🇸 Support to Israel 🗣️ Also Indoensians : Guys please, move to BALI 😂 😂

[@krollpeter]

how quickly valid posts are being removed, seconds!

[@SWSSIAR]

Lol .... no they can't there is a reason all those companies had to transfer their tech and knowhow... don't complain when Europe demands the same 😂

[@MacrosFTW]

What is this editing? Its a bit extra.

[@yUrNeRo98]

Its like those power ranger shots

[@florianfelix8295]

VisualDeutscheWelle

[@Flat24-ue9pj]

Loving it

[@Esteban-qp2cf]

How dare they make...factories for good jobs lol...

[@cristinaximera9663]

So all of a sudden EVs are bad for the environment? Interesting!

[@deeplife9654]

Chinse ev is bad for environment 😂

[@jorsm.3893]

"All of a sudden" many people have been criticizing current EV's for years.

[@cristinaximera9663]

@@jorsm.3893 Neither the people of DW, nor of the German government.

[@PlaceHolder-br9pz]

Chinese EV production is bad for the environment. Have you looked at the sky in China?

[@cristinaximera9663]

@@PlaceHolder-br9pz Yes, very often. Air pollution is down significantly ever since EVs have become common sense in China.

[@toyotahonda2618]

Oppsiee! The West is mad! Bad, Hungary! BAD!

[@lazeppelini123]

Putin, Xi, Orban?

[@mindscape970]

why just showing one person view in the whole video . why not interview someone whose livelyhood depend on that factory .

[@mabeSc]

Good Hungary, screw all of this useless, extremely expensive and long bureaucracy.

[@zion9860]

Tesla invested billions in Germany. It is business as usual and Chinese businesses should have economic freedom to invest wherever they want to.

[@sr-bo2xj]

In the first step, Hungary became the China of Germany and the West. Now, it is transforming itself into the China of China position. What a progress! :)

[@kenny9239]

After the factory is finished EU will extend the ban to Hungary's EV 😀

[@vervetech9395]

That would violate their own EU laws

[@krollpeter]

No. But if Hungary continues like this, they might have to leave the EU and join the Soviet Onion.

[@andrewyakovlev9710]

​@@krollpetersalty? (

[@krollpeter]

@@andrewyakovlev9710 yea sure sure

[@reallifehack4790]

​@@vervetech9395Hungary itself has been ignoring EU laws for years ...that won't be difficult. .tarrifs

[@yss8169]

Simply, they have a good relationship.

[@happymelon7129]

2024-6-17, Leapmotor reportedly begins EV production at Stellantis' Polish plant Leapmotor International, a joint venture between Chinese electric vehicle (EV) maker Leapmotor and Europe's second-largest carmaker by sales, Stellantis , has begun EV production at Stellantis' Tychy plant in Poland

[@user-zg4cq8hu7z]

I'm back to reading DW's biased reporting.

[@leannevandekew1996]

Jpegs confuse you .

[@paquitoignacio3449]

In my opinion only before China could invest heavily there must be a written agreement to protect the interests of that country.

[@jojokong3128]

是的。我们应该学习美国，不是建厂，而是和其国家签订军事同盟国，在他们的土地上建设军事基地，并出售我们的导弹用来维护它们的国家安全。如果不签署的话，那么就是扰乱世界和平的恐怖分子，我们会用一瓶洗衣粉侵略它们。

[@silafaupaulmeredith7251]

What a load of rubbish where was the environment concerns when Nordstream 2 was blown up?

[@zhepengfeng8279]

people get more job,but at what cost😂

[@okinwonderland9734]

They will lose jobs somewhere else in EU.

[@kaizokud42]

Which people, Chinese or Hungarians?

[@user-yu6te1vw9w]

Dude west is already bankrupt including the USA. Who else has money like that now to support rich countries like Hungary 😂😂😂

[@anthonyocran9234]

😂😂😂😂 Germany car companies are afraid of BYD

[@onlinepersonalitydisorder1051]

Because it is an unfair competition. In EU there are strict rules against subsidization of private companies so that they can compete in the common market on equal footing. But China subsidizes it's domestic companies like BYD HUGELY. EU and USA started putting tariffs on Chinese EV's to level the playing field but if BYD just build their cars in Hungary then it won't work. And R&D that is a bulk of state sponsored subsidies will still apply to this factory so... It is simply unfair

[@claus-not-santa]

⁠Are you a parrot 🦜 ?

[@onlinepersonalitydisorder1051]

@@claus-not-santa Why do you say that? Is it wrong? Why?

[@user-xc2ye7jp1r]

​@@onlinepersonalitydisorder1051 The United States and the European Union also provide huge subsidies to private enterprises. Is it fair?

[@claus-not-santa]

@@onlinepersonalitydisorder1051 How many times have you posted the same comment again and again?

[@mcotton3077]

Somebody niece and nephew put this video together!!

[@vervetech9395]

"looking at authoritarian countries for help". Classic DW news. You call them "authoritarian" yet it's a fact according to Harvard's research that they have high support from majority of their population. How do you call that in political science?

[@claudiufloroiu7957]

Big brother syndrome

[@soundscape26]

Doesn't matter, they are an authoritarian regime the same. Try to organise a protest and see what happens.

[@claus-not-santa]

@@soundscape26Protest against what and why?

[@Nadia-kj9kt]

If you can't defeat Chinese EV production and export, you must become a leader in EV production.

[@SkyStormNL]

What am I looking at

[@kenbehrens5778]

It does seem like China brings development, industrialisation, jobs and investment.

[@soundscape26]

All out of their goodwill I'm sure...

[@mgronich948]

@@soundscape26 Iraq is very thankful of the good will of the US military.

[@soundscape26]

@@mgronich948 And how exactly does that relate to his issue?

[@catalina5382]

And debt entrapment.

[@claus-not-santa]

@@soundscape26Who’s issue?

[@frenchsalute3170]

I'm so sure that American military bases in Europe is environmentally friendly while Chinese factory is totally harmful. 😅

[@cooltwittertag]

are you a bot? When were american military bases mentioned? How are they correlating with manufacturing?

[@crazyjohnhoward]

German women love American GIs😂

[@lord4743]

Nice to see Hungarian economy grows while German's sinks. Greetings from the draft dodger from Ukraine !

[@user-ur7kz8eo9f]

What happened to Nord Stream pipeline Germany 🇩🇪 😂😂😂😂no more industrial 🏭 powerhouse in Europe 😂😂😂😂

[@KarimKadiriMOTIVATOR]

Europe is not authoritarian? Anyone remember Covid and how dissenters were crushed? Yellow vests, farmers...?

[@kianlakchi7182]

Depends very much on the country

[@LordMacGyver13]

Nobody votes for von Der lien

[@paquitoignacio3449]

Any country who invest in any country must have a written agreement protecting the interests of the nation, sometimes they blinded by monetary offer.

[@wongcy713]

Hungary has foreign agents law meaning Hungarians determined their own future and not Brussels or Washington. That is important for investment decision because once Washington take over the country the economy dive. Just look at UK Ukraine

[@123_1]

Hungary has foreign agents law meaning her future is determined by her new lords in Beijing and Moskow and not Brussels or Washington

[@roberthoepfl4513]

They might find the factory full of Chinese workers as well

[@LordMacGyver13]

They see them rollin'... They hatin'....

[@borahatay]

China is investing to an European country , there is nothing wrong about that unless you can not compete with them with your technology. Its free trade and a good thing.

[@gwanlee]

Funny how the Chinese follow Korea's and Germany's footsteps in investing in Hungary. It's the same with everywhere else they've invested. They always follow, but never lead.

[@r3dpowel796]

China investing billions in EVs in Hungary US invest billion ins LGBTQ.

[@ruztomjohntamayo9262]

Invest in military base

[@swishbish]

what does that even mean?

[@soundscape26]

I think you forgot to take your meds

[@Booz2020]

Indoensians : Stand With Palestine, Trade with 🇨🇳, URra 🇷🇺, End 🇺🇸 Support to Israel 🗣️ Also Indoensians : Guys please, move to BALI 😂 😂

[@florianfelix8295]

How can I invest money into LGBTQ? pls I want to know, I’m gay and single

[@StrategyofContainment21st]

What about economic and military security in Europe for long term? China rival to Europe & USA and support rus.,iran,north korea against EU and NATO.

[@floringeorgechirila9127]

It is extraordinary in China you cannot be an entrepreneur as a foreigner, it is tough anyway, but they can open business in Europe without any problem.

[@rorytribbet6424]

Needs to be country to country export controls, this is not acceptable

[@alphonsoquenneh1855]

All them are pay agents

[@user-hv7kt9zc3m]

You think because its Hungary your safe no other country is going to take cars from there

[@jkselama9715]

Would DW make a similar hit piece if the factories are in India? How likely China would build EV there? Chances are we may never find out.

[@shilongtang549]

did DW noticed that BYD factory already start producting song plus dmi?😂

[@JohnBinay]

Such a one-sided investigation

[@dammitdan106]

People love their dictators. They just hate the consequences of dictatorship.

[@ekayonosuwito3298]

Good for HUNGARY, INCOMEBOF HUNGARY increase, the wellfare of citizens increase, n with more income/more money, environment can be fix n will better n better. No money, no good environment.

[@catalina5382]

If you look over the latest reports on Chinese investment in Europe or Africa, they were mostly detrimental to the country. Only the people in charge that pocketed money benefitted. The best example in Europe is the Montenegro highway built by China, look it up. They will trap them in debt and when Hungary will be unable to pay, they will own strategic parts like airports. That's what China has been doing all over the world.

[@happymelon7129]

wikipedia found in a 2022 study, based on World Bank figures, that more African governments' external debts were being owed to Western banks, asset managers and oil traders (35%) than to Chinese lenders (12%). It also found that interest rates charged on western private loans (5%) were almost double that of Chinese loans (2.7%) and that "the most indebted countries were less likely to have their debt dominated by China".

[@PlaceHolder-br9pz]

Nobody is forcing them to take private western loans. Because Western banks will just write off debts that can't be collected, while China will seize your ports and make them their own... Notice the difference?

[@samlyons3552]

BYD will import Chinese workers

[@gigharbourite]

😂 Lol

[@huanghermann5207]

some to train local workers

[@voidvector]

TSMC is literally lobbying Arizona govt to allow them to do that, cause their chip fab is behind schedule.

[@YSKWatch]

if you look at asia decades ago, japanese companies in china & other countries, are having many japanese employee for few decades. until a point where local workers considered capable to do the job of all levels.

[@deanzaZZR]

@@voidvector The CHIPS act is a multi-billion dollar boondoggle in the making.

[@luislourenco6720]

Master! Master! Master! Master of puppets, I'm pulling your string's...

[@PIT72100]

There are always a bo.zo or ignorance will give a negative media when China cooperat and development with a country...

[@kevin-uy3yh]

This was edite by a 2000 film director

[@jkselama9715]

1:35 Anyone wonders what she wanted to say in the matter? Guess why no one wants to listen to her at all?

[@crazyjohnhoward]

This is a lesson for Germany. The US builds military bases while China builds factories. Your choice Germany.

[@xiaohuijin4952]

How much this woman is paid? She can get money from Dw, but the normal people living there, who will pay them for their daily expense?

[@bazy84ro]

Take a look at what happened in Serbia! They will bring Chinese workers, it's just a matter of time.

[@okinwonderland9734]

I back your quote. They opened the Ev factory in Thailand too. They brought all their own ppls and equipments. They hire only low level workers and pay the minimum !. They use Thailand as base to export their cars the region and US to avoid the tariff. They will do the same in Hungary to access EU single market directly !

[@goodphone156]

This is not good for all Europe but only for Hungary, the other countries don't should allow you to purchase the Chinese car build in Hungary, until the reform of the news tax system is approved which must include all of Europe, in the sense that you build in Hungary ok ,but you have to pay taxes to all of Europe!! There is something of wrong in the political European system! You as Europe Hungary or not Hungary have to favor European companies !!

[@gregoryp9813]

"Hungary have to favor European companies". Below automotive companies have large operations / plants in Hungary Mercedes-Benz, Audi, BMW, Skoda, SEAT, Volkswagen, Fiat, Citroën, Peugeot, Renault and Opel

[@claus-not-santa]

What is the difference between BYD factory in Hungaria and Tesla in Germany?

[@LiLi-cu9io]

Since it is a Chinese brand, EV is BAD for the environment.

[@ronaldphoong]

I am confused. Are you saying now that EV is not good for the environment. 😂

[@jorsm.3893]

I am confused, are you saying that leaking toxic wastewater is good for the environment ? Because that's what the video mentioned.

[@mgronich948]

Only EV from China are bad for the environment.

[@ronaldphoong]

@@jorsm.3893 yes, that's what the video said on wastewater disposal but the video motive was on China EV which EU had claimed China of over-capacity and dumping of EV to Europe. If waste disposal is not per regulated discharge limit from the plant Report to authorities to take action as should to all companies that don't comply. Ain't DOE in EU strict on environment protection.

[@ritahorvath8207]

Please check the correct pronounciation of Szeged and Debrecen .

[@JeroenGeldhof1]

Amazing video editing 😂

[@firstprib7742]

Imposing tariffs to protect your local industry is ok. Just say it as it is. We understand. Blaming others is the dk move.

[@SOMTRUCK480]

China his want for politicians destroying economy European countries 😅😅😅

[@ibsprojects596]

History Repeats,always!

[@donpeleas4780]

Really?

[@davidlee9493]

Orban is smart and Hungary thinks for itself. EVs are good for the environment. The only debt trap is IMF. Avoid it like a plague. Make Hungary great again!

[@123_1]

"Orban is smart"? So why is Hungary now the poorest country in whole European Union...

[@cooltwittertag]

Orban is smart because he keeps pocketing the countries gains?

[@tudvalstone]

How is making cars in Hungary "bypassing" EU tariffs? They are simply making cars in the EU. Maybe they should consult a dictionary.

[@Joey-ct8bm]

There's a import tariff on all cars, not when they are made in the EU. The EU now put a 37.6% EU tariff on Chinese cars now.

[@QuestCollot-]

Cars are too expensive

[@stijntielemans7906]

Wtf is the music on thus video

[@mack-uv6gn]

More jobs for Chinese workers. BYD will bring Chinese workers and not hire many Hungarian workers.