Hungary sets sights on China's high-speed rail tech

BUDAPEST, Hungary - Hungary hopes to see China's high-speed trains running on its rail network, Hungarian National Development Minister Tamas Fellegi said on Saturday, while denying recent reports that Beijing would buy Budapest's debt.

"Last time we were in China, in Beijing, we were shown several projects that would include high-speed trains in Hungary, for instance between the airport and downtown Budapest," Fellegi told China Daily in an exclusive interview.

Hungary's interest comes as China exports its high-speed trains to many countries around the world. Building a 1,000-km high-speed railway was part the multibillion deals signed last week in Beijing between the presidents of Kazakhstan and China.