27-Jun-2011 11:22 AM

China may establish central European cargo base in Hungary

China’s Shanghai Construction Co could reportedly purchase an unused airport in western Hungary to establishing a central European cargo base (Index/Bloomberg, 24-Jun-2011). The development, with an estimated value of USD529 million, may be agreed during the two-day official visit to Hungary of Chinese Prime Minister Wen Jiabao, starting 24-Jun-2011.