As you come out of the Oktogon MRT station in Budapest on the elegant Andrássy Avenue Hungary’s answer to the Champs-Élysées massive neon signs on top of the nineteenth-century buildings that line the Grand Boulevard advertise Bank of China, Huawei and Samsung.
It is an obvious sign of how much investors from Asia, especially China, now dominate the business landscape in the region.
A report in January from international law firm CMS showed that China was by a long shot the top investor in Central and Eastern Europe CEE in 2018, responsible for 6.4 billion $7.1 billion worth of MA deals.
What...
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