/ world today news/ Recently in Valencia, at an informal meeting of trade ministers of the EU countries, the Minister of Foreign Affairs of Hungary, Peter Szijártó, stated that the EU should maintain cooperation with China, since the Chinese economy is already more competitive than the European one.
The global economy has been in turmoil for the past few years, which has led to a decline in the EU’s position. However, the situation continues to deteriorate due to indiscriminate sanctions against Russia, he said.
The European automobile industry, which relies on Chinese suppliers, will suffer particularly heavy consequences from the EU’s attempts to economically “separate” with China, Hungary’s first diplomat emphasized.
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