Hungary's Minister of Foreign Affairs and Trade called the European Union's approach to China 'hypocritical', in a statement to public media in Bucharest, where he was attending a two-day informal meeting of EU foreign ministers, Kormany.hu reports.
According to Peter Szijjarto, "cooperation with Beijing is a pan-European interest, as is the fact that Central Europe should develop its infrastructure while also applying Chinese resources".
“The old dogma according to which capital can only flow from West to East in search of cheap labour is no longer true. Today, eastern companies are dictating the rate of transition of the global economy to at least a great as extent as western ones, and in fact in many sectors the technology required for future competitiveness is being developed in the East, and that is where it is first put into operation”, he explained, according to the government's website.
