China expects stable business ties under Serbia’s new government
AgenciesThough Serbia’s incoming Student List government called for the resignation of several senior officials and an audit of public projects, some of them built by Chinese contr...
China anticipates maintaining stable business ties with Serbia under the nation's new government, despite the incoming coalition's call for several senior officials to resign and an audit of public projects. Following Serbia's recent parliamentary election, which saw the Student List coalition emerge victorious, analysts and insiders believe the country's business relationship with China will remain largely unchanged.
This sentiment echoes a similar message previously conveyed by Hungarian Prime Minister Peter Magyar, who also called for resignations and increased scrutiny of government contracts following his election win.
Chinese firms in Serbia have largely remained calm in the wake of the election, as the importance of their presence in the country outweighs any potential repercussions. Executives and analysts assert that the Chinese firms' role is too vital for Serbia to face a similar fate to Hungary, where Chinese companies faced backlash after former Prime Minister Viktor Orban's victory.
One Chinese executive working in Serbia expressed confidence that the new Serbian government will be open to doing business with any foreign investor, including from the United States, China, or Russia.
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