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Global Trade Alert

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China: Government announces "countermeasures" against five US subsidiaries of Hanwha Ocean Corporation

Description

On 14 October 2025, the Chinese Ministry of Commerce adopted Order 2025/6, announcing "countermeasures" against five US subsidiaries of Hanwha Ocean, a South Korean shipbuilding enterprise. The measur...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

14 Oct 2025

Revocation date

09 Nov 2025

Implementation level

National

Affected flow

Outward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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