China sanctions 5 US units of South Korean shipbuilder Hanwha Ocean over probe by Washington
Published on: Oct. 14, 2025, 3:33 p.m. | Source: Daily Excelsior
HONG KONG, Oct 14: China’s Commerce Ministry said on Tuesday it was banning dealings by Chinese companies with five subsidiaries of South Korean shipbuilder Hanwha Ocean in the latest swipe by Beijing at US President Donald Trump’s effort to rebuild the industry in America. The ministry also announced that it was also investigating a probe by Washington into China’s growing dominance in world shipbuilding and threatened more retaliatory measures. It said the US probe endangers China’s national security and its […]
