China takes steps against U.S.-linked units of South Korea shipbuilder Hanwha
Hanwha’s headquarters in Seoul, South Korea. Picture: hanwha.com China announced sanctions on Tuesday (October 14, 2025) against five U.S.-linked subsidiaries of South Korean shipbuilder Hanwha Ocean amid trade tensions between the world’s two largest economies, sending the company’s shares sharply lower. The move, announced by the Chinese Commerce Ministry, comes on the day that China…
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