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Hungarian economyABC News
•73% Informative
Chinese leader Xi Jinping will spend the bulk of his five-day tour in Europe this week .
He will visit Hungary and Serbia , two nations with autocratic leaders that are seen as China -friendly.
Hungary has straddled a middle ground between membership in the EU and NATO , and an unusual openness to diplomatic and trade relationships with eastern autocracies.
Hungary has created a favorable investment environment for China , providing generous tax breaks, subsidies and infrastructural assistance to Chinese companies.
Hungary 's sluggish economy has been further hindered by record-setting inflation and freezing of billions in EU funding.
With EU money at a standstill, China has been willing to fill in the gaps in Hungary 's budget.
VR Score
82
Informative language
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English
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