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Chinese investments and financial engagement in Hungary

Agnes Szunomar (), Katalin Volgyi () and Tamas Matura ()
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Agnes Szunomar: Institute of World Economics, Centre for Economic and Regional Studies, Hungarian Academy of Sciences
Katalin Volgyi: Institute of World Economics, Centre for Economic and Regional Studies, Hungarian Academy of Sciences
Tamas Matura: Hungarian Institute of International Affairs

No 208, IWE Working Papers from Institute for World Economics - Centre for Economic and Regional Studies- Hungarian Academy of Sciences

Abstract: The paper analyses the partnership between China and Hungary and gives a thorough overview of Chinese investment in Hungary before and after the crisis, with a special focus on Chinese financial engagements and promises in this regard. The authors examine the realized investmentsas well as the reasons for failure or non-realization of Chinese financial involvement in Hungary. Finally, they conclude their investigation by arguing that although Hungary currently receives the majority of Chinese investments within the Visegrad region, it can easily lose this position.

Keywords: outward foreign direct investment; financial engagement; China; Central and Eastern Europe; Hungary; Chinese OFDI (search for similar items in EconPapers)
JEL-codes: F21 O16 P33 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cna
Date: 2014-07
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