It's not about protectionism, it's hypocrisy, and injustice! The old powers always talked about loving free capitalism and the open market when it helped them to continue maintain the dominance. But now, when China is winning at capitalism by providing better quality and prices, suddenly they're called out for "abusing" the market, and EU says "we need to protect the market".
@Zerpentsa65984 ай бұрын
Hisense products made in Slovakia are top class.
@victorsvoice79784 ай бұрын
Co-operative trade between nations is important for peace and prosperity. Not trade barriers and tariffs.
@brianliew59014 ай бұрын
Hungary is a sovereign nation and definitely not Uncle Sam's pet. 😂
@lalatubby48364 ай бұрын
same can not be said abut many eu countries and the uk of cos
@reginald72144 ай бұрын
Very interesting, thank you
@richardwhitehouse87624 ай бұрын
Interesting. Thanks George. It might have been worth mentioning the impact of B&RI on the speed of rail freight between China and Europe. I saw a video a while back which explained that it's now possible to export goods (e.g. wine) from Madrid by train and they will arrive in Beijing two weeks later. That's 4 weeks sooner than if they are sent by boat. This seems to me what underpins Hungary as a gateway to Europe for BYD etc because it more or less guarantees that the supply chain can continue uninterrupted. You have to hand it to the Chinese when it comes to strategic thinking.
@madev_channel4 ай бұрын
Yes, and some vehicles like the SERES 5 are being transported by that train to Europe,
@evilleader19914 ай бұрын
Hungary has figured it out ;)
@spartahill4 ай бұрын
I strongly agree with the idea that protectionism is a flawed ideology that stems from ignorance among certain groups of a country’s population and is reflected in its policies. However, it is unclear why such an ideology has persisted throughout history despite its inevitable negative consequences. No country can claim the moral high ground on this issue, as protectionist policies continue to be implemented worldwide in economies of all sizes. Therefore, it is of great interest to observe the outcome of Hungary’s efforts in this regard.
@borissergijevic73574 ай бұрын
It's not about protectionism, it's hypocrisy,and injustice! The old powers always talked about loving free capitalism and the open market when it helped them to continue maintain the dominance. But now, when China is winning at capitalism by providing better quality and prices, suddenly they're called out for "abusing" the market, and EU says "we need to protect the market".
@jogana69094 ай бұрын
Well done Hungary
@sunshinesun1213 ай бұрын
Soon ...Hungary will be EXPORTING their products to Mid Asia countries and China. Tourism ITSELF will be a BIG contributor to Hungary economy !!! SMART ..... Govn of Hungary.
@vanveakrin2763 ай бұрын
Battery.. and Battery Storage..CATL ... Hungarian language is very similar to Turkish
@stefan27964 ай бұрын
People don't want PRC brands because of (1) poor build quality, (2) the lack of a decent dealer network and (3) because these tofu cars come with extreme depreciation.
@tony5384 ай бұрын
you dont think the mafia boss will screw it up for Hungary?
@Walawala4594 ай бұрын
The mafia is in America continent.
@lajkatajka4 ай бұрын
@tony538, what maffia boss? Stop this libtard nonsense. The whole Europe was in deep sleep when Orban was already creating the EV future for Hungary.
@lajkatajka3 ай бұрын
What maffia boss? You are listening too much libtard propaganda.
@itayizinzombe9474 ай бұрын
1st
@ecarpo34794 ай бұрын
Hungary isn't exactly on Europe's good list already, what's the chances Europe starts sanctioning Hungary? 😂
@madev_channel4 ай бұрын
not quite sure, but maybe... as long as Hungary has a power to veto?
@ecarpo34794 ай бұрын
@@madev_channel I think the rest of Europe has far too much economic control over Hungary, they already pressured them into backing down on blocking Ukrainian aid. Until China can get the larger European countries (especially Germany) onside it’s going to be like swimming against a tsunami for Chinese EV companies.