According to internal government documents reported on June 27 2023, China plans to establish a chemical distribution center in Hungary. This center aims to streamline the supply of Chinese chemical products to battery factories and other industrial plants throughout Europe. The project, known as the “Europe-China Chemical Trade and Dual HUB System,” is currently in an advanced stage and is under the supervision of Antal Rogan, the head of the cabinet office, who also oversees intelligence services.
China reportedly to set up distribution base for chemicals in Hungary
Type of event:
New business deal
June 27, 2023