Salem Radio Network News Friday, December 5, 2025

Business

China suspends sanctions on US-linked units of S.Korea’s Hanwha Ocean

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BEIJING (Reuters) -China has suspended sanctions on U.S.-linked subsidiaries of South Korea’s Hanwha Ocean Co Ltd for a year, its commerce ministry said on Monday.

The suspension of sanctions imposed on October 14 takes effect immediately, the ministry statement said.

(Reporting by Liz Lee and Beijing newsroom; Editing by Tom Hogue)

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