The Chinese commerce ministry has banned Chinese entities and individuals from working with five companies affiliated with South Korean shipbuilder Hanwha Ocean.
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China’s Commerce Ministry says it has banned dealings by Chinese companies with five subsidiaries of South Korean shipbuilder Hanwha Ocean.
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The Ministry of Commerce said Tuesday it was placing limits on five US entities of Hanwha Ocean Co., one of South Korea’s biggest shipbuilders …
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The order, which took effect immediately, will prohibit Chinese organizations and individuals from doing business with the sanctioned companies.
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China targets five U.S. subsidiaries of South Korea’s Hanwha Ocean over Washington shipping probe
The order, set to take effect on Oct.14, will prohibit organizations and individuals in China from doing business with the sanctioned companies, the statement said.
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