This study analyses Chinese investments in Hungary from the perspective of three initiatives (Belt and Road Initiative, International Cooperation in Industrial Capacity and Equipment, and Made in China 2025) which are in line with China's "Go global" strategy and among other things aimed at promoting the spread of Chinese companies and products abroad. The findings show a vivid cooperation between China and Hungary in automotive, ICT, renewable energy, chemical, transportation/logistics and banking sector through the three abovementioned initiatives.