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Hungary probes deal with China's BYD carmaker after ex-foreign minister takes job there

  • Posted on July 20, 2026
  • By The Toronto Star
  • 0 Views
  • 1 min read
In brief

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.

Summary auto-generated by AI from the original publisher's content. Editorial standards.

Hungary probes deal with China's BYD carmaker after ex-foreign minister takes job there
Hungary probes deal with China's BYD carmaker after ex-foreign minister takes job there

BUDAPEST, Hungary (AP) — Hungary’s government announced an investigation Monday into a large foreign investment by Chinese automaker BYD negotiated by a former foreign minister who last week resigned from
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Author
The Toronto Star

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