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China sanctions US subsidiaries of Hanwha Ocean amid shipping dispute

1 min read
Source: CNBC
China sanctions US subsidiaries of Hanwha Ocean amid shipping dispute
Photo: CNBC
TL;DR

China has sanctioned five U.S. subsidiaries of South Korean shipbuilder Hanwha Ocean in retaliation for U.S. tariffs and trade restrictions, leading to an 8% drop in Hanwha Ocean's shares and escalating tensions between Beijing and Washington.

Topics:businessworld#china#hanwha-ocean#shipping-industry#trade-tensions#us-sanctions#world
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  1. China targets five U.S. subsidiaries of South Korea's Hanwha Ocean over Washington shipping probe  CNBC
  2. China Hits Back at US on Shipping With Hanwha Curbs, New Probe  Bloomberg.com
  3. Breaking | China sanctions 5 US subsidiaries of South Korean shipping giant  South China Morning Post
  4. China probes US maritime investigation's impact on shipping industry  Reuters
  5. CN Imposes Immediate Countermeasures on 5 US-Related Subsidiaries of Hanwha Ocean  AASTOCKS.com

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