China is building a new silk road
China is building a new silk road in a value of nearly 500 billion USD containing mainly infrastructural developments.
The new silk road would reach 65 countries, nearly two-thirds of the global population, and 40 percent of world’s GDP – origo wrote. The plan also affects Hungary. The goods would arrive to the heart of Europe from the port of Piraeus by train, so it is important to renovate the Belgrade-Budapest railway line. (origo)
Related news
Hungary has been in the EU for 20 years: how has foreign trade changed?
On May 1, 2004, ten new states joined the European…
Read more >Temu has withdrawn from its aggressive marketing strategy
In recent months, significant changes have taken place in the…
Read more >In China, consumer prices rose less than expected in March
Consumer prices in China increased by 0.1 percent in March…
Read more >Related news
Waves in the company trend – the changing faces of liquidations and company formations
Even with decreasing terminations, decreasing numbers of companies in the…
Read more >IGD: Retail media and increased efficiency will be important in 2024
This article sets out to summarise the retail trend predictions…
Read more >Domestic businesses are planning cautiously but consciously – VOSZ Barometer business sentiment analysis – Q1 2024
Uncertainty is still strongly felt in the business mood of…
Read more >