Hungary probes deal with China's BYD carmaker after ex-foreign minister takes job there
- Posted on July 20, 2026
- By The Toronto Star
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- 1 min read
Hungary's government has initiated a formal investigation into a substantial investment deal with Chinese automaker BYD, following controversy surrounding a former foreign minister's recent appointment to the company. The probe examines the circumstances and negotiations of this significant foreign investment, raising questions about potential conflicts of interest and transparency in the transaction. This development reflects growing scrutiny over major deals involving Chinese companies in Central Europe and government officials' subsequent corporate roles.
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