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China bans dealings with five US subsidiaries of Korea's Hanwha Ocean

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China bans dealings with five US subsidiaries of Korea's Hanwha Ocean
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China bans dealings with five US subsidiaries of Korea's Hanwha Ocean

By FIA Staff October 14, 2025

The move is in response to a US investigation into China’s maritime, logistics and shipbuilding sectors. The Hang Seng Index slumped on October 13 and 14 as US and China trade tensions ramp up.  

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