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Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
BEIJING, November 10 (Xinhua) — China has suspended countermeasures against five U.S.-linked subsidiaries of Hanwha Ocean, a leading shipbuilder in the Republic of Korea, for one year, the Ministry of Commerce announced on Monday.
The suspension took effect on Monday. It follows the US decision to suspend for one year the implementation of measures under Section 301 investigations into China's maritime, logistics, and shipbuilding sectors.
According to a previous statement from the Ministry of Commerce, the five Hanwha Ocean subsidiaries that were subject to these countermeasures are Hanwha Shipping LLC, Hanwha Philly Shipyard Inc., Hanwha Ocean USA International LLC, Hanwha Shipping Holdings LLC and HS USA Holdings Corp.
The countermeasures were introduced by the Ministry of Commerce of the People's Republic of China on October 14, 2025. -0-
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