China, South Korea and Hanwha
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The order, which took effect immediately, will prohibit Chinese organizations and individuals from doing business with the sanctioned companies.
China on Tuesday imposed sanctions on five US-linked South Korean companies, including Hanwha Marine Corporation, in response to Washington's probe into China's maritime, logistics, and shipbuilding industries, according to an official statement.
China sanctioned five American subsidiaries of South Korean shipbuilding giant Hanwha Ocean on Tuesday (14 October), prohibiting Chinese organisations and individuals from conducting business with the firms.
Chinese Ambassador to South Korea Dai Bing (right) bids farewell to newly appointed South Korean Ambassador to China Roh Jae-heon at the embassy on October 15, 2025. Photo: Screen
One of South Korea's main agendas at the APEC 2025 Summit in Gyeongju is to facilitate a meeting between Donald Trump and Xi Jinping.
China on Tuesday blacklisted five U.S. subsidiaries of South Korean shipmaker Hanwha Ocean, escalating the trade row between Beijing and Washington.
Shipbuilding sources report that the South Korean government is carefully examining the Chinese trade ban on Hanwha Group’s five US subsidiaries. “It’s [the ban] is still in the early stages, so we can’t gauge what is happening,
U.S. President Donald Trump remains on track to meet Chinese leader Xi Jinping in South Korea in late October as the two sides try to de-escalate tensions over tariff threats and export controls, U.S.