In a move that heightens tensions in the global shipbuilding industry, China's Commerce Ministry announced Tuesday that it has banned dealings by Chinese companies with five subsidiaries of South Korean shipbuilder Hanwha Ocean. This announcement coincides with an ongoing investigation by Washington into China's influence in the global shipbuilding sector.

The sanctions target Hanwha Shipping LLC, Hanwha Philly Shipyard Inc., Hanwha Ocean USA International LLC, Hanwha Shipping Holdings LLC, and HS USA Holdings Corp. This decision comes in response to the US Trade Representative's Section 301 trade investigation, initiated in April 2024, which concluded that China's growing stronghold on the industry adversely affects US businesses.

The strained relations between Washington and Beijing ha

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