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CHINA RULZ USA SUCKS rank

Wed Jul 15 18:50:43 EU N HUNGRY OWND PWND PSDN PDOND https://ww...ster-resigns-from-22346181.php BUDAPEST, Hungary (AP) — Hungary’s former foreign minister resigned from his parliamentary seat on Wednesday to join Chinese automaker BYD, prompting criticism over his role in facilitating substantial government subsidies to the company while in office. Péter Szijjártó was Hungary’s top diplomat for nearly 12 years in the government of former populist Prime Minister Viktor Orbán. He was relieved from his post after Péter Magyar’s pro-European Tisza party won a landslide election in April, but remained a member of parliament. While serving in government, Szijjártó was instrumental in securing foreign investments in Hungary from Chinese companies, including his now-employer BYD, which received considerable state subsidies during his tenure. In 2023, Szijjártó announced that BYD would open its first European factory in Hungary — allowing the conglomerate to skirt European Union import tariffs on Chinese electric vehicles imposed to protect the continent's domestic auto manufacturing sector. Szijjártó played a central role in talks with BYD on bringing the plant to Hungary and said at the time that the decision came after 224 rounds of negotiations between the company and Hungary’s government. He called the project “one of the largest investments in Hungarian economic history,” saying the government would provide financial incentives to BYD for building the plant, which have not been disclosed. In 2025, Szijjártó also announced BYD would locate its European headquarters and a research and development center in Budapest and receive 20 billion forints ($63.7 million) in government assistance. While in office, Szijjártó and Orbán opposed EU tariffs on Chinese products, sought major investment from Beijing and opened a series of Chinese EV battery manufacturing plants across the country. Orbán's government and Beijing also jointly developed a rail corridor between Hungary and Serbia that is part of China’s “Belt and Road” global trade initiative. While foreign minister, Szijjártó maintained close relations with Russia despite its full-scale invasion of Ukraine on Feb. 24, 2022. Breaking with nearly all of his EU counterparts, he frequently traveled to Moscow to negotiate agreements on purchasing Russian oil and gas and to meet with Russian Foreign Minister Sergey Lavrov, whom he referred to as his “friend.” He was embroiled in controversy during Hungary's 2026 election campaign when the Washington Post reported that he made regular phone calls to Lavrov during high-level EU meetings with “live reports on what’s been discussed.”

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