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Hungarian Prime Minister Viktor Orban Meets Chinese Leader Xi Jinping in Beijing Amid Rising Tensions

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Hungarian Prime Minister Viktor Orban Meets Chinese Leader Xi Jinping in Beijing Amid Rising Tensions

Beijing – Hungarian Prime Minister Viktor Orban met with Chinese President Xi Jinping in Beijing on Monday, following controversial visits to Moscow and Kyiv that Orban described as part of a “peace mission.”

Orban, often criticized in the West for his pro-Russia stance amidst Moscow’s aggression against Ukraine, posted a photo of his arrival at a Beijing airport on social media platform X, captioned “Peace mission 3.0.” The talks between the two leaders at the Diaoyutai State Guesthouse centered on “in-depth communication” about the war in Ukraine, according to a readout from Chinese state broadcaster CCTV.

Orban’s visit to China occurred just a day before a NATO summit in Washington, where US President Joe Biden is set to host leaders from the alliance, including Hungary, to discuss continued support for Ukraine. Orban’s spokesperson confirmed that Washington would be his next stop after Beijing.

China, Russia’s most crucial diplomatic ally, is also expected to be a key topic at the NATO gathering. NATO leaders have expressed increasing alarm over what they perceive as China’s backing of Russia’s war effort through the provision of dual-use goods and other forms of support. Beijing has denied supplying weapons to either side and insists it maintains strict controls on dual-use exports. China claims neutrality in the conflict but has positioned itself as a potential peace broker while deepening ties with Russian President Vladimir Putin.

During Monday’s meeting, Xi reiterated Beijing’s call for a ceasefire in Ukraine, a stance that has been criticized in the West for seemingly aiding Russia in consolidating its territorial gains without demanding the withdrawal of Russian troops from Ukrainian soil. Orban, seen as Putin’s closest ally in Europe, has also been advocating for a ceasefire rather than military support for Ukraine.

Orban praised China as a “key power in creating the conditions for peace” and highlighted the importance of his visit to Beijing, coming just two months after Xi’s official visit to Budapest. Xi emphasized that China and Hungary share similar views on Ukraine and indirectly criticized the United States and its allies for “fanning” the conflict by arming Ukraine.

Orban’s visit to Beijing follows his recent trips to Russia and Ukraine, which took place just a week after Hungary assumed the rotating presidency of the Council of the European Union. His meeting with Putin in Moscow marked the first visit by an EU leader since April 2022 and drew criticism from European Commission President Ursula von der Leyen, who condemned Orban’s approach and stressed that unity and determination are essential for achieving a lasting peace in Ukraine.

Orban’s diplomatic tour is set to conclude with his participation in the NATO summit in Washington, where he is expected to brief other leaders on his recent talks with Putin and Xi. His visit to Moscow came after a stop in Kyiv, where he proposed a ceasefire to Ukrainian President Volodymyr Zelensky, a suggestion dismissed by Zelensky’s office, which maintains that restoring Ukraine’s territorial integrity is a prerequisite for peace.

Orban and Xi last met in May when they upgraded bilateral ties to an “all-weather comprehensive strategic partnership,” despite mounting European concerns over China’s security threat. During Monday’s meeting, Xi reiterated his wish for Hungary to play an “active role” in promoting stable China-EU relations during its EU Council presidency.

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Northvolt Files for Bankruptcy Amid Mounting Debt, Aims to Restructure Operations

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Swedish battery manufacturer Northvolt AB, a key player in Europe’s electric vehicle (EV) industry, has filed for Chapter 11 bankruptcy in the United States. The move follows the company’s inability to secure rescue funding, leaving it with only $30 million in cash reserves against debts totaling $5.84 billion.

Northvolt, which specializes in lithium-ion, lithium-metal, and sodium-ion batteries for EVs and energy storage, operates its flagship gigafactory, Northvolt Ett, in Skellefteå, Sweden. The bankruptcy filing marks a significant setback for Europe’s domestic battery production ambitions, as Northvolt was seen as a cornerstone of the continent’s EV supply chain.

Access to Funds and Operational Continuity

Filing for Chapter 11 bankruptcy enables Northvolt to access $245 million in new financing as part of a voluntary reorganization. This includes $100 million in debtor-in-possession financing—a specialized funding mechanism for businesses restructuring under bankruptcy—and $145 million in cash collateral provided by a client.

These funds are expected to stabilize the company’s financial situation, allowing Northvolt to scale its operations to meet market demands and establish a stronger foundation for long-term growth.

Despite the filing, Northvolt announced it would maintain normal operations across its facilities, including Northvolt Ett and Northvolt Labs in Västerås, Sweden. Its subsidiaries in North America and Germany will also continue to function without interruption. Employee wages, vendor obligations, and customer deliveries will proceed as usual during the reorganization.

Leadership Changes and Strategic Vision

As part of the restructuring, CEO Peter Carlsson announced his resignation. Interim Board Chairman Tom Johnstone emphasized the importance of the bankruptcy filing as a step toward securing Northvolt’s future.

“This decisive step will allow Northvolt to continue its mission to establish a homegrown, European industrial base for battery production,” Johnstone said in a statement. “Despite near-term challenges, this action will strengthen our capital structure, enabling us to capture the growing demand for vehicle electrification.”

Johnstone also reassured stakeholders, including employees, customers, suppliers, and governments, of Northvolt’s commitment to fulfilling its obligations.

Outlook

The reorganization aims to position Northvolt as a more resilient and competitive entity capable of driving innovation and sustainability in the EV market. While the bankruptcy filing underscores the financial strain on Europe’s battery industry, Northvolt’s efforts to rebuild its capital structure may help it regain its footing in the rapidly growing EV sector.

The company’s long-term goal remains the establishment of a robust European battery production base to support the continent’s transition to sustainable mobility.

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Car Crash Outside Chinese School Injures Multiple Students

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Multiple students were injured Tuesday morning after a car struck a group outside a primary school in Changde, a city in central China’s Hunan province, according to state news agency Xinhua.

Authorities have not disclosed the exact number of those injured but confirmed that all victims were taken to a hospital for treatment. None of the injuries were reported to be life-threatening, according to a local police statement.

The incident occurred just outside the school premises, causing chaos among students and staff. A 39-year-old male suspect was apprehended at the scene, and the case is under active investigation, police said.

Panic and Distress at the Scene

Videos circulating on social media, which have since been verified and geolocated, showed scenes of panic as children screamed and ran into the schoolyard. A man’s voice can be heard shouting, “Quickly, quickly,” urging others to move to safety.

Other footage depicted injured individuals, including adults, lying on the road. Police officers were seen handcuffing a man in front of a vehicle believed to be involved in the crash.

While these images gained brief attention online, they were swiftly removed from Chinese social media platforms. Comments sections on related posts were also disabled, reflecting ongoing efforts to control public discourse around the incident.

Rising Concerns Over Public Safety

The crash comes on the heels of a series of violent incidents across China that have unsettled the public. Just over a week ago, 35 people were killed in Zhuhai when a man drove his car into a crowd exercising at an outdoor sports center. Days later, a mass stabbing on a college campus in eastern China left eight dead and 17 injured.

These high-profile attacks, targeting random members of the public, have sparked widespread concern about public safety. Economic struggles and societal pressures are being cited as contributing factors behind these acts of violence, with online users describing them as acts of “revenge against society.”

Tuesday’s crash also echoes other recent incidents involving school children, including a stabbing near a Beijing elementary school in October and a bus crash outside a school in Shandong province in September, which killed 11 and injured 13.

Social media discussions surrounding these events have highlighted growing unease, with many users urging vigilance in public spaces. Comments from users on since-deleted posts expressed dismay over the targeting of children, with one writing, “How can someone target kids to get back at society?”

As the investigation into Tuesday’s crash continues, authorities are under pressure to address public safety concerns amid a noticeable rise in violent incidents.

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China Leads Global Shift to Clean Energy with Rapid Solar and Wind Expansion

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In the heart of China’s Kubuqi Desert, nearly 200,000 solar panels form the outline of a galloping horse, a cultural emblem of Inner Mongolia. Beyond its symbolic significance, the installation reflects China’s ambitious push toward renewable energy as the nation works to combat climate change and transform its energy landscape.

China is installing wind and solar energy projects at an unprecedented pace, accounting for two-thirds of the world’s utility-scale capacity under construction. With nearly 339 gigawatts of projects underway, the country is set to generate enough electricity to power over 250 million homes, according to the Global Energy Monitor. This is in addition to the 758 gigawatts of renewable capacity already operational.

A Global Climate Leader

As the world’s largest emitter of greenhouse gases, China has a pivotal role in global efforts to combat climate change. While emissions from the nation remain high—accounting for nearly a third of the global total—there are signs of a slowdown. Experts, including senior U.S. officials, believe China’s emissions could soon peak, potentially marking a turning point in the fight against climate change.

“China is now a global renewables powerhouse,” said Jonathan Pershing, former U.S. State Department climate diplomat. “The scale and speed of their wind and solar expansion are extraordinary and offer a model for other nations.”

China’s commitment to renewables has already exceeded targets. President Xi Jinping pledged to install 1,200 gigawatts of renewable capacity by 2030—a goal achieved six years early. By the early 2030s, the International Energy Agency predicts China will generate more solar power than the U.S. consumes.

Balancing Progress with Challenges

While renewable energy is rapidly displacing coal as the dominant power source in China, the country continues to build new coal plants even as it retires older ones. Wind and solar currently account for 37% of China’s electricity generation, reducing coal’s share by over 17% in the past two decades.

Experts like John Podesta, White House senior advisor on climate policy, emphasize the need for further coal plant retirements. “China has the capacity to phase out coal at a faster pace, which would have enormous implications for global emissions,” Podesta said.

Toward Emissions Reductions

China has committed to peaking carbon emissions before 2030, but U.S. officials are urging a steeper reduction—30% by 2035. Achieving this would save 4.7 gigatons of carbon pollution, equivalent to the U.S.’s total annual emissions.

While independent analysis suggests a recent 1% drop in China’s emissions, experts caution against drawing conclusions too early. However, shifts in China’s economy—marked by slowing demand for industrial materials and growing investment in solar and electric vehicle production—indicate a broader transformation.

Li Shuo of the Asia Society Policy Institute noted the significance of China’s progress: “If China’s emissions plateau, global emissions will likely follow, marking a milestone in combating climate change. It’s an insufficient first step but an important one.”

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