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Hungary investigates deal with China’s BYD after ex-foreign minister takes job there

Asia-Pacific 1 source 1 country 🔦 Under-reported 43m ago

Hungary’s government announced an investigation on Monday into a large foreign investment by Chinese carmaker BYD negotiated by a former foreign minister who last week resigned from parliament to take an executive position at the company. Peter Szijjarto’s announcement last Wednesday that he would take the job at the world’s top electric carmaker prompted accusations of a conflict of interest and criticism over his role in organising substantial government subsidies to the company while in...

Summary from source
Read the full story at the source South China Morning Post · HK
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