Hungary probes BYD deal after ex-minister joins carmaker, raising 'revolving door' concerns

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Hungary launched an investigation into subsidies granted to Chinese car manufacturer BYD after a former Hungarian minister joined the company, raising concerns about a 'revolving door' scenario. Transparency International has warned that the hiring could pose risks of undue Chinese corporate influence on the state.

As Hungary announced it would investigate subsidies given to the Chinese carmaker, Transparency International warned the hiring of an ex-minister who negotiated them could expose the state to Chinese corporate pressure.