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Chinese investments and financial engagement in Hungary

Author

Listed:
  • 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)

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.

Suggested Citation

  • Agnes Szunomar & Katalin Volgyi & Tamas Matura, 2014. "Chinese investments and financial engagement in Hungary," IWE Working Papers 208, Institute for World Economics - Centre for Economic and Regional Studies.
    • Handle: RePEc:iwe:workpr:208
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    File URL: https://vgi.krtk.hu/publikacio/no-208-2014-07/
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    References listed on IDEAS

    as
    1. Peter J Buckley & L Jeremy Clegg & Adam R Cross & Xin Liu & Hinrich Voss & Ping Zheng, 2007. "The determinants of Chinese outward foreign direct investment," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 38(4), pages 499-518, July.
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    Cited by:

    1. Jeremy Garlick, 2015. "China's Trade with Central and Eastern European EU Members: an Analysis of Eurostat Data, 2004-2014," Acta Oeconomica Pragensia, Prague University of Economics and Business, vol. 2015(4), pages 3-22.
    2. Andrea Éltet? & Ágnes Szunomár, 2016. "Chinese investment and trade ? strengthening ties with Central and Eastern Europe," International Journal of Business and Management, International Institute of Social and Economic Sciences, vol. 4(1), pages 24-48, February.

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    More about this item

    Keywords

    outward foreign direct investment; financial engagement; China; Central and Eastern Europe; Hungary; Chinese OFDI;
    All these keywords.

    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
    • P33 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - International Trade, Finance, Investment, Relations, and Aid

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