![](https://images.firstpost.com/uploads/2024/07/Viktor-Orban-and-Xi-Jinping-2024-07-902f09da9c51f4b783a4949176a375d5-1200x675.jpg?im=FitAndFill=(1200,675))
A hush-hush deal: Hungary quietly borrowed $1.1 billion from China amid financial troubles
The unannounced debt deal between China and Hungary followed a $917 million loan for a now-delayed high-speed rail project. Amid financial strain, including a 4.5 per cent budget deficit, Prime Minister Viktor Orban continues to strengthen economic ties …