China sanctions 5 US units of South Korean shipbuilder Hanwha Ocean . . . HONG KONG (AP) — China’s Commerce Ministry said Tuesday it was banning dealings by Chinese companies with five subsidiaries of South Korean shipbuilder Hanwha Ocean in the latest swipe by Beijing at U S President Donald Trump’s effort to rebuild the industry in America
China Sanctions 5 U. S Subsidiaries Of South Korean Shipbuilder Hanwha Ocean China has imposed sanctions on five United States-linked subsidiaries of South Korea’s leading shipbuilder Hanwha Ocean, further intensifying tensions between Beijing and Washington The decision, announced by China’s Ministry of Commerce on October 14, 2025, caused Hanwha’s shares to drop sharply
Korean shipbuilders broadsided by Chinese sanctions on Hanwha Oceans U . . . China’s decision to sanction five U S subsidiaries of Hanwha Ocean is sending shock waves through Korea’s shipbuilding industry, fueling fears that Beijing may widen its retaliation against Korean firms that deepen ties with Washington