By hosting Xi Jinping on the last leg of the Chinese leader's European tour, Hungarian Prime Minister Viktor Orban will get a chance to tighten bonds between Beijing and its closest ally in the EU. Xi began his trip earlier this week in France, a visit that was cordial but also highlighted tensions between Beijing and the EU over the war in Ukraine and global trade.After visiting Serbia, a non-EU partner, Xi will arrive in Budapest on Wednesday evening to cap his first European trip since 2019.
Asian markets fluctuated Wednesday as the latest rally ran out of steam due to a lack of major catalysts, while investors contemplated the outlook for monetary policy."There was limited data on corporate earnings to worry the markets, with no unexpected surprises and a lack of major US economic data in the days ahead," said Kyle Rodda at Capital.com.
Kylian Mbappe will not get his dream farewell from Paris Saint-Germain after their shock Champions League exit at the hands of Borussia Dortmund on Tuesday deprived him of playing his last game for the club in the final at Wembley next month.The coach has regularly either left Mbappe out of his team or taken his star player off in domestic league games over the last three months, apparently in the name of planning for next season.