China Sanctions Hanwha US Shipbuilding Units Amid Rising Tensions
The recent shift in global industrial geopolitics centres on the Hanwha Ocean case, as China announced sweeping shipbuilding sanctions on five U.S.-linked subsidiaries of this South Korean shipbuilder. According to the Ministry of Commerce of the People’s Republic of China, these subsidiaries aided a U.S. trade investigation that China sees as a threat to its…










