In a significant development, Hungarian Prime Minister Viktor Orbán endorsed China's peace proposal for the Russia-Ukraine war during a meeting with Chinese President Xi Jinping in Budapest on May 9, 2024. Orbán is known for his sympathetic stance towards Russian President Vladimir Putin and has been a vocal critic of NATO and the European Union's approach to the conflict.
China released its peace plan on February 24, 2023, detailing a 'political settlement' of the war. The proposal calls for both sides to respect each other's sovereignty, safeguard nuclear sites and protect prisoners of war. Orbán expressed his support for the Chinese initiative during a joint press conference with Xi.
Orbán has been building a burgeoning green technology supply chain in the European Union, following China's developmentalist model. During Xi's visit to Hungary, he hailed China as 'one of the pillars of the new world order.'
Despite criticism from Western leaders for not calling for Russian withdrawal or territory return, Orbán has maintained his stance on Ukraine. He thanked Xi for China's efforts towards creating peace in the region.
China and Hungary signed 16-18 cooperation agreements during Xi's visit, possibly including a large-scale infrastructure scheme within China's Belt and Road project. Hungary has received billions in Chinese investment and hosts Huawei's largest base outside China. BYD, the Chinese carmaker, is set to open a factory for electric vehicles in Szeged, Hungary.
The European Union declared China a 'systemic rival' in 2019 and urged de-risking relations with Beijing. However, Hungary has distanced itself from this EU strategy and has been criticized for its close ties with China.
During Xi's visit, protesters were banned from demonstrating in Budapest. A group of men reportedly tried to prevent Hungarian lawmaker Márton Tompos and a colleague from hanging EU flags on a Budapest bridge. No symbols referencing Tibet or Taiwan were allowed during the Chinese leader's visit.