China decoupling would kill Europe's economy, Hungary's foreign minister says
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- Опубликовано: 15 сен 2024
- Hungary's foreign minister Péter Szijjártó says that efforts by Europe to decouple or derisk from China would be an act of economic suicide. He adds that a cooperative Europe can benefit from ties with Beijing.
Very refreshing to see a rational and well spokean politician from Europe.
欧洲的精英层都清楚,俄罗斯与乌克兰的冲突就是针对欧洲经济的,舆论掌握在美国手里,普通欧洲人能够看到的都是美国控制的媒体提供的新闻,美国可以影响大部分欧洲国家的决策
I'm hungarian and no, he isn't rational and well spoken.
@@azurefire7266he's making the right decisions for the benefit of its own people. What has our government (UK) done for us? Nothing! But make us pay pay and pay high taxes. Only Chinese companies help the poor with affordable goods.
@@HDsharp Okay, just cause your government sucks, doesn't change the fact that mine does too. I assume you aren't familiar with hungarian internal affairs. I am, and I know they suck.
@@azurefire7266well im in spain now and you should see what a disaster western europe has turned , belive me you would not want knife atacks in the streets in Hungary .
He's a sharp guy. Clear of what's best for his country and entire Europe. Pragmatism is very important trait of a qualified statesman.
Very intelligent sensible realistic views of Hungary’s approach to economic and geopolitical policies, Bravo Hungary!
I see other sensible leaders, beside Hungary's, for example: Erdogan of Turkey and Lee of Singapore.
How is that the others can't see like him beats me. Maybe they must experience it to understand what he is able to analyse.
MsOceanstar
@MsOceanstar you are fake paid maouth peas
Congrats on your 50c for this post :)
@@jamesharris8951 surely India could, I am sure. Even for
This is the only rational discussion in years. Thank God for Hungary 🇭🇺
"in YEARS!!" 😅 Congrats on your 50c for this post :)
Hungary, Serbia, and France are the only three countries have some sovereignty and they are without US soldiers on their soil.
this guy is so wise , not everyone is wise but this guy is
We know for sure that Biden & Blinken are not wise !
he is realistic.
he knows the reality
A sensible guy who will do his people and country a great deal of good
@@annan7728instead we have leaders in the UK and US still with their know-it-all and self centred mind set. Walking into every conversation like they’re big shot.
He speaks the truth. Those European countries alienating China will learn their lesson for sure when it comes to the crunch. Well done Hungary👍
not like the German Guys, Woman who want to destroy itself.
@@fenathan36😢
@@fenathan36 well, they don't learn anything for what they did to Russia, what do you think they will learn from China? Let Europe go down to their Demise.
It’s all for US hegemony, nothing to do with “democracy”, “freedom” or “human rights”, if so, what about Vietnam and Saudi Arabia.
Just imagine. Xhina has been Number 1 trading partner with most countries around the world. This show the real size of economy of China.
wow mr.sinophobic
you are correct. Hungary and China can trade. not taking orders from USA is best. just look at Poland, UK, France, and Germany... they are all have economic problems
US tells EU to decouple with China and EU listens. So, it is EU’s choice to kill their economy and of course, they have the freedom to choose whatever they want, including economic punishment to their people…..
then US proceed to trade with China 🤣 its like hey i asked you to jump, then they jump
Congrats on your 50c for this post :)
@@jamesharris8951 welcome 55c from US
Eu haven't killed their economy. It is sensible not to be extremely dependent on one country like China. So reducing the amount of annual imports from China is just wise.
but America import a lot from China
I have watch A LOT of videos made by western youtubers about chinese economic dawnfall, and they seem very happy about it without realizing the impact of such event, one of the reasons why western people today could live in such high standard is due to cheap chinese product, if chinese manufacture is to be collapsed then their life would turn into sh*t over night.
Not just manufacturing...If China dumps all US treasury bonds, it will send the US into a tailspin. The US government knows this, yet they keep feeding their uninformed masses nonsense
Rotten parents brought up rotten kids so what do you expect?
Merkel appreciated China's role in creating German miracle, especially after 2008 crisis. But the current admin in Germany seems not to appreciate such.
Ahya,
I agree with you…like all great economy, there will be a time to fall down and others economy will rise.
People need to make sure that the US/India/China keeps theirs economy strong to keep the world in balance and keep the world going.
All of these 3 going down, the world economy will go down.
Now…de coupling from China is suicidal…
tell everyone you know nothing about economics without telling everyone you know nothing about economics
Hungary: “Decoupling from China will hurt Europe”.
America: “That’s the plan. We didn’t bomb Nord Stream pipelines and sold natural gas at 4x the old price for nothing.”
All European countries have been fooled by US, and they still think US is the best country in the world. 😂
@@sootuckchoong7077 I don't know that they've been fooled so much as the lure of big money.
@@sootuckchoong7077 i think they're slowly coming round. Europe is learning from their post ww2 lessons about the importance of maintaining independence
Then take said profits and pocket it for themselves and among their small circles. Whereby the average Americans struggling see little to none of those benefits. But Americans are still asleep and proud lmao.
Hello Chinese bot. Why did your leader ban a cartoon character?
Well spoken and one of the few rational and intelligent european politicians! The economic interests and freedom of choice of the european citizens comes first, not the fear mongering policy of the Yankees.
Haven't you noticed? Wherever Uncle Sam sticks his nose, there is no "freedom of choice" for the leaders of countries. The peoples' freedom of choice does not count.
Extremely smart, pragmatic and brave of Hungary to take a different route for self preservation, their citizens are rewarded with a better quality of life.
Yeah, I don't see this in their GDP per capita but I can see filthy wealthy bank accounts of many Hungarian government officials.
Hungary is lucky to have a sensible and pragmatic minister unlike Germany's foreign minister...
Annalena however has more entertaining value. Especially if you're outside of Germany.
Hungary is anything but sensible . They're trojan horse for Russia
Rational thinking, instead of fear mongering. A win-win scenario.
Never trust China
@@annan7728 àIn China a win-win is the China Communist Party wins twice!
China isn't perfect, but trading with EU countries will help each other
Well said, Hungary FM. 😎 As we saw in the collapsed of small and big businesses in the 🇺🇲US and Australia ❗️😱❤️🕊🌏
Been following US and EU politics in many years and have rarely seen a well-spoken person like him
WOW, an European politician works for his own country's interest!
Lmao German politicians telling car manufacturers to decouple from China and the CEOs of car companies getting chinese suppliers to come to hungary 😂
I used to think all European politicians think like this man, (sharp , intelligent) work for the country and its citizens, then came Olaf shzolt, that potato head has destroyed in less than a year what millions of people put years to build, and all that just to please some big power
you forgot to mention the other Germans that contributed too.... Robert Habeck, Annalena Baerbock and Ursula von der Leyen... lol... contributed in destroying Germany's economy...
See. Its not that hard to just say the truth. No need to lie like eu
Hungary leaders are wise, and know the ground reality and took right direction to lead the country. This is good for the Hungarian citizens and the future while living in such dangerous times.
EU’s economic growth depends largely on trade , China is on the other side of Eurasia , how much national security threaten Europe?
@@Hrotiberhtaz
If you invite China as your enemy, you are enemy. Do you know?
USA and NATO have more than 200 military bases in Japan ,Korea and Philippine , near China. If They want attacking China only using traditional weapons enough,don’t need 30000km missiles .
Thinking more before your writing.
Look before you leap.
❤ Hungary.
This man is not only very knowlegeable as a diplomat but also in terms of economy.
Congrats on your 50c for this post :)
And what is the smart choice?
@@bipee3937he only got paid to post the message. not reply when you call out his BS
@emanuel12345678901 there is a reason why hungary as a nation is doing much better than all of Europe right now. Its because of genius politicians like him.
Sharpest foreign minister in Europe.
The most sensitive and rational politician I've seen in a long time. In a span of a few years Hungary has shown how it's economy is thriving to grow positively. It takes a fool not to understand that following the USA, a country which is printing dollars as toilet paper, can not save the world economy if it is egoistically investing in war fare. As long as the USA is controlled by the weapon industry the world will sink into poverty, desolation and humanity will regress instead of further evolution.
The US is controlled by the oligarchs
I agree, the US should pull out of Europe and let the European deal with Putin. Hungarian is wishing to return to the "old" day. Don't stop them
@@baojhoang7242 Thats what Trump said. Europe hated him for that.
If China attacks Taiwan, this regression will happen a lot faster.
@@baojhoang7242 enjoy your criminal worship
Through 13 years of the Fidesz-Orban government, Hungary has learnt the lesson of the past, never let others determine the country's future.
When Fidesz took office in 2010, Hungary was on the verge of bankruptcy after eight years of socialists in office. In this situation, the new Prime Minister Orban turned to the European Union to obtain relief. Many bureaucrats who had been ready to lend freely to the previous socialist governments rejected the conservative Mr. Orban. The debt crisis threatened to destroy the government.
As he has often done, Mr. Orban resorted to “unorthodox” measures. He broke off negotiations with the EU and the International Monetary Fund on debt restructuring and austerity measures. He refused to implement new austerity programs, as demanded by the IMF, arguing that they would have placed a heavy burden on an already impoverished population. The government took the money from where it was available: the predominantly foreign banks, insurance companies, utilities and service providers, most of whom had established substantial market shares in the country. The prime minister described this process as a “struggle for financial liberation” that reduced Hungary’s financial dependence on the EU and the IMF
Like the guy he's straightforward about their country's foreign policy. Brilliant 👏 that's leadership
Smart guy who thinks with his brain instead of touting US foreign policy like a US colony
Congrats on your 50c for this post :)
@@jamesharris8951 are you and american bot
I love how now if anyone doesnt share someone's views on anything online, it's immediately YOU ARE BOT!!!@@jamesharris8951
Africans have learnt how to speak straight on the face of the West and some European countries with all honesty when lectured. This style will promote global equality.
Its also time for America to admit nord stream involvement , they know what toilet paper Prigozhin uses but dont know of nord stream?😂 this is a serious issue...america going after civilian infrastructure is deplorable and shameful
@@richardparker1338of course they wont admit atacking its own allies civlian infrastructure , but you know cámaras exist and there is footage showing how Biden says he will destroy it and so it happened , just shameful... 70.000 people died in all Europe last year because they could not afford the energy prices food prices housing prices oil prices ... just shameful ...
A declining empire is at its most dangerous n will lash out aimlessly in all directions trying to drag the world down with them
@@yaoliang1580 Very true! U.S. is becoming more dangerous with inevitable decline into senility ... just like the current President of USA.
@@yaoliang1580Yet its Europe that in decline not the US. The US is less 250 years old but what it achieved is unmatched in human history. The US surpassed the British empire at
it's hight, and it's more powerful than any individual Europeans and Asian country in history. China needed 1.4 billion people to achieved what the US has achieved with mere 4% of the world people that is embarrassing for country like a China. The US doesn't need alot of trading partners it has largest arable land on earth and 4th largest and the most navigational rivers system on earth , with 5 of great lakes shared with Canada that hold more than 20% of world surface freshwater. America is only surpassed by Russia and rivaled by Canada, Brazil, Argentina and Australia in mineral and natural resources. The US has the largest internal trade of good and services than any country on earth worth more than 5 trillion dollars, larger than the economy of Japan. No individual countries in Europe and Asia can match America space capabilities except only China and maybe Russia to less extent. America is a continental power by its sheer geographical size. Its also a regional power, Artic, Pacific, Atlantic power, and the
first true superpower and hyper superpower in world. Its the birth place silicon valley the greatest tech mecca in modern history.
@@treycash8876 before ww1 america still lived as the wild west it came beeing a superpower because of taking advantage of the death in europe , instead of an eagle america should be represented as a vulture
Good to see a nice rational Hungary minister ❤️ from Chennai 🇮🇳😅
taking care of the people is better than sending people to die for no reason.
❤
What are you talking about ?
You think you are tough enough for CIA ?
Please show some respect !
I really like this guy
He is right... Energy have no idealogical nature, just physical.... ❤😂🎉😅😊
I like his parting shot - having common sense. Those EU countries don't have that obviously when Russia is concerned.
This Hungary Foreign Minister is as smart as Orban and I believe after Orban, the Hungarian people will have someone in him to lead them to a better future.
Very intelligent, put the interest of the Hungarian people first.
International politics…you don’t have to like your neighbors but you need to open your doors so that economically you can maintain your needs.
Push China away will mean loosing all the billions euros investment from China.
Not only that, with the Chinese Companies inside Hungary raise Hungary status to 4…without them…Hungary will be hunger(y).
Kudo to the Hungary Government
I agree with the FM of Hungary who said China is an opportunity.
Hungary is on the right pass in developing its country.
Europeans can learn from Hungary.
These guys have their focus on progressing the interest of their nation. I feel that they may be the next economic powerhouse of Europe.
Powerhouse of Europe - Hungary? In what alternate reality? Best joke of today, thank you.
OMG, Genius! "If you do not see something as a risk, then it doesn't make sense to speak about de-risking, right?" -Hungary's foreign minister, OceanGate's Stockton Rush
The only de-risking strategy that will work is for the EU to decouple from the USA
and preserve its sovereignty.
Someone with a brain.
If you don't see them as a threat or risk, why de-risk.
Cause America said so. And you can still get Chinese products, just use American middlemen, cause they know how to deal with the Chinese. Trust America, America only wants to protect Europe and for Europe to have freedom and democracy.
Congratulations to Hungarians and kudos to Péter Szijjártó!! 🎉🎉
As long as there are more European leaders who are as wise as the Hungarian Foreign Minister, there's hope for peace and harmony. Earth can be better home for Humanity, not just for Europeans.
the only way for Europe to come out of their economic malaise today is to connect Europe and China through trade. The other option is conflict, which bring nothing but destruction and economic hardship.
trade creates jobs and money, thus high standard of living
Wise person as compared to most of the politicians in Germany & the US .
U.S and Europe is untrustworthy, that's why other countries are distancing itself from them😢
They both were renowned plunderers.
@@brianliew5901yeah while Hungary was defending eastern europe from mongol empire ottoman empire russian empire the west part of europe was with pants down in other continents
😭😭😭😭
This man have his own people at heart and he cares about their well-being
Good to see that at least Hungary has rational leadership not held on a choke chain by the U.S. China is looking for business opportunities in Europe and Hungary should pursue them.
If not for the U.S. and NATO, Europe would have ZERO problems with Russia. U.S. arranged a putsch in Ukraine in 2014 and then instigated a war.
Because Europe has weak leadership, except for a few individuals such as Orban, they allowed themselves to be dragged around by the Americans and are now in a de facto war with Russia.
Finally we see political management based on national interest and sense, and not on ideological and emotional feelings.
Hungarian Leadership is patriotic
'Gas does not have ideology but has physics.' Being playing and straightforward becomes now a rarity among politicians.
Can't remember when it was.
Unlike some other European countries, Hungary has intelligent, brave politicians and we can be truly thankful for them.
Europe should sacrifice it's economy to show loyalty to the US Empire
This man never fails to impress. If only the rest of Europe and the U.K. were governed by level-headed people of such exceptional quality.
UK and Hungary bilateral FTA should be on next pipeline 😊
Hungry is a sovereign country. Making decisions the prosperity of its people. Can’t do much, but love it.
the only realistic minister in all these Circus of Madness called Bruselas.
Zeliensky should learn something from Hungary. He could even make more money for himself and his companions and friends. More importantly, he could safe the life and living of many Ukrainian. It late, but you can still make a U turn and make it better.
Zeliensky has brought death and suffering for many people in the world by carrying out Biden's anti Putin policy. To hell with Putin. Focus on how much Europe is paying for this cause.
One of the best politicians Hungary ever had
Hungarians are intelligent and peaceful people, it seems. 🙏🤗
Hungary is great as she can distinguish which side is beneficial to her nation.
Top marks to the Hungarian Foreign Minister, Europe seriously needs more politicians like him and the PM of Hungary Victor Orban. Rational political views are what Europe needs.
World Trade Organization. To decouple production out of China, retailers in the West would have to move the entire ecosystem with it. There’s been much talk about moving global manufacturing out of China.But despite the talk, China trade reached a record level in 2022, with no signs of any slowing in the near future.
thats funny, everything i buy lately says made in vietnam
@@louKushh sure as long as it's not made in usa. I m for Vietnam too.
yeah, because china industrialized all on its own.... it all goes back to america. our companies, our market, our navy guaranteeing trade. good luck without us! 👏🏾👍🏽
@@louKushhChina has outsourced to Vietnam and Mexico to circumvent trade restrictions. So the west should now also restrict trade with Vietnam and Mexico...
Very straightforward answers , interesting.
I envy Hungary - only European country that has sensible politicians.
Very sensible man
Europe is in big big trouble.
After the loss of cheap Russian gas, Europes economy is becoming uncompetitive.
Europe have to increase their defence budget as well.
It will be suicide if Europe were to decouple from China.
Chinese buys huge amount of LV, Merc, BMW etc.
Hungary, the only sane and rational actor in all of Europe! God bless HUNGARY and it’s leaders.
Yes! Common sense is very important! 👌👌👍👍👏👏👏‼️
Hope Hungary will keep this kind good leadership for a long period of time. No doubt this country will be at the center of world development 👌
such a smart man totally love listening to him speaking ❤ love to hungary for staying strong ❤
The US would look after Europe. Just look at the submarine deal between the US and Australia. And how US EV policies are helping EU brands. Plus the US stepped in to sell expensive LNG when they bombed the Russia pipeline. The US is always a friend to the EU.
😂 what can one say
U.S. looks after Europe like the slave-owner looks after his slaves..... 🤣😂
Cause America said so. And you can still get Chinese products, just use American middlemen, cause they know how to deal with the Chinese. Trust America, America only wants to protect Europe and for Europe to have freedom and democracy.
Why is EU like a Lapdog for the US?
Hungary is incredibly smart and practical. Politics and prejudice should be set aside. Economy and people's livelihood are more important than ideology. Hungary is going fast forward and will leave the rest of Europe behind.
In reality, Hungary is far behind then the rest of their neighbors with inflation increasing every day. People are struggling to keep up with the rent and there is no job market. Teachers are being paid in peanuts and literacy rate is going down the hill.
@@2K_Curse You could say the same about the US and much of Western Europe. Isn't the sky falling yet in your area....?
I can see that people of Hungary will live in high standards of living. Hungary knows what's best for its own people
The fact that talk about decoupling China out of nothing by US demand is quite telling.
Finally someone who could think for himself. Your friend who tells you to sell your car because you rely on your car to travel don't really think clear for your need.
This makes America angry.
Foreign Minister Szijjarto is talking sense unlike the other European politicians. His pronouncements is similar to the Indian Minister who always take pride in prioritizing the interests of his people.
I don’t even eat fish and chips because it might help the European economy.
Let’s go China!
🇨🇳
I'm great fan of this foreigner minister of Hungary. I respect u ❤❤❤❤ from Zimbabwe.
Good to see a national leader beholden to his sacred oath to his voters and not to international alliances and organizations.
Decoupling with China actually comes from "thinking for China", not much considerations for self. The idea was first implemented by "white europeans in America" thinking keep business among europeans. Yes, it actually hurts self.
Peter Szijjarto was a great leader who works for his people like Mr Modi is doing for India.
Hungary has great leadership. They are looking after their people.
Excellent explanation, thank you mate
A clear minded leader, God bless Hungary!
Which part of "America First" does he not understand??
Any form of decoupling can lead to economic problems. This is common sense.
This man should be sent to Norway to teach the foreign minister some sense
Good Thoughts and positive response from Hungary.
Finally a smart dude on TV.
This guy seems to be the only person who makes sense in EU.
Hungary is one of the more sensible countries in Europe.
Of course it would. I’m sick of Euro brown-nosing of the U.S. empire. Rejection of NATO and U.S. imperialism-dominance, to stop being vassals of the U.S. empire is the only sane path for Europe.
Eu haven't killed their economy. It is sensible not to be extremely dependent on one country like China. So reducing the amount of annual imports from China is just wise.
I'm sure this guy in America is identified as a threat and dangerous
Smart Man.
Funny you'd never hear this point of view on CNBC Lite (aka USA version)
Takeaway point -- if you do not think the country is risky, why do you need to de-risk?