CHINA and Hungary signed 18 new agreements and memorandums of understanding today to deepen their economic and cultural co-operation during a visit to the central European country by Chinese President Xi Jinping.

President Xi and Hungarian Prime Minister Viktor Orban held talks in the capital Budapest as part of the Chinese leader’s final stop on a five-day European tour that also took in Serbia and France. 

During a press briefing following the talks, Mr Orban praised the “continuous, uninterrupted friendship” between the two countries since his tenure began in 2010, and promised that Hungary would continue to host further Chinese investments.