Xi’s visit to Hungary and Serbia brings new Chinese investment and deeper ties to Europe’s doorstep

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FILE - Chinese President Xi Jinping, left, reviews an honor guard with his Serbian counterpart Aleksandar Vucic during a welcome ceremony at the Serbia Palace in Belgrade, Serbia, Wednesday, May 8, 2024. Most countries in the European Union are making efforts to de-risk their economies from perceived threats posed by China. But Hungary and Serbia have gone in the other direction. They are courting major Chinese investments in the belief that the worlds second-largest economy is essential for Europes future. (AP Photo/Darko Vojinovic, File) BUDAPEST – When Chinese President Xi Jinping visited Hungary last week, he arrived to one of...