The process of de-dollarisation, i.e. the reduction of the global influence of the dollar, has received increasing attention in recent years. The reason for this in some countries is the fear that Washington will use its influence as a weapon to achieve its political goals, denying the economic sovereignty of less powerful states.
At this stage of the great power rivalry, we do not yet know how profitable close economic relations with China will be in the future. However, investment trends show that Hungary's policy is the right one, as the impact of Chinese investment on the Hungarian economy is outstanding even by regional standards.
Over the past decade, the Hungarian government has effectively pursued a policy of Eastern Opening, resulting in a significant increase in investments, primarily from Asia. The Middle East is also becoming increasingly significant for Hungary. Recently, Dubai billionaire Khalaf Al Habtoor granted an interview to the Hungarian private television channel ATV, in which he commended the strategy adopted by the Hungarian government and discussed his forthcoming investments in Hungary.