China’s substantial investments in the central European country point to bilateral cooperation that is mutually beneficial, analysts say
3-MIN READ3-MINOrange WangandLaura ZhouPublished: 9:14pm, 13 Apr 2026Hungary’s stunning political transition will not trigger a dramatic overturning of its ties with China, Chinese experts have suggested, with limited impact on Beijing’s relations with the EU as well.With a landslide parliamentary election victory on Sunday, the centre-right Tisza Party, led by Peter Magyar, ended Hungarian Prime Minister Viktor Orban’s 16 years in power.
Magyar is now on course to become Hungary’s next prime minister, and his Tisza Party is projected to secure a two-thirds supermajority in the 199-seat Hungarian parliament.
Meanwhile, Orban’s Fidesz Party saw collapsed support, reduced to 55 seats – fewer than half of the 135 it held going into the election.
Orban’s defeat was within the realm of expectations, according to Wang Yiwei, director of the Centre for European Studies at Renmin University in Beijing.
