Xinhua
14 Oct 2025, 14:46 GMT+10
BEIJING, Oct. 14 (Xinhua) -- China's Ministry of Commerce on Tuesday announced the decision to take countermeasures against five U.S.-linked subsidiaries of Hanwha Ocean, a leading shipbuilding enterprise from the Republic of Korea.
These countermeasures, which took effect on Tuesday, were adopted to counteract the United States' Section 301 investigation measures aimed at China's maritime, logistics and shipbuilding sectors, the ministry said in a statement.
The five U.S.-linked subsidiaries of Hanwha Ocean subject to these countermeasures are Hanwha Shipping LLC, Hanwha Philly Shipyard Inc., Hanwha Ocean USA International LLC, Hanwha Shipping Holdings LLC and HS USA Holdings Corp., according to the ministry.
Organizations and individuals within China are prohibited from engaging in any transactions, cooperation or related activities with these entities, the ministry noted.
In response to a media query, a ministry spokesperson said that the United States has begun implementing final measures under the Section 301 investigation concerning China's maritime, logistics and shipbuilding sectors -- seriously violating international law and the fundamental norms of international relations, and seriously undermining the legitimate rights and interests of Chinese enterprises.
Hanwha Ocean's related subsidiaries in the United States have assisted and supported the U.S. government in conducting both the Section 301 investigation and taking related measures against China's maritime, logistics and shipbuilding industries, in response to which China expresses strong dissatisfaction and resolute opposition, the spokesperson said.
The spokesperson added that China has launched the countermeasures to safeguard its sovereignty, security and development interests.
China urges the United States and related enterprises to respect facts and multilateral trade rules, adhere to the principles of market economy and fair competition, correct their wrongdoings as soon as possible, and cease damaging China's interests, the spokesperson concluded.
Get a daily dose of Illinois Intelligencer news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Illinois Intelligencer.
More InformationSTUTTGART, Germany: German luxury carmaker Porsche reported a drop in global sales for the first nine months of 2025, with a sharp...
BEIJING, Oct. 14 (Xinhua) -- China's Ministry of Commerce on Tuesday announced the decision to take countermeasures against five U.S.-linked...
Official American accounts marked the services 250th birthday by showcasing foreign vessels The 250th anniversary of the United States...
The US president has again claimed that his intervention resulted in peace between the South Asian neighbors US President Donald...
BEIJING, Oct. 14 (Xinhua) -- China's Ministry of Commerce on Tuesday urged the U.S. side to correct its wrongdoings as soon as possible,...
Hong Kong, October 14 (ANI): China has suddenly moved to control global access to rare earth elements - REEs for short - that are vital...
WASHINGTON, D.C.: The United States warned it could impose visa restrictions, port bans, and sanctions on countries that back a United...
WASHINGTON, D.C.: Google said that more than 100 companies may have been affected by a sweeping hacking campaign targeting Oracle's...
Hamas released all 20 remaining living hostages held in Gaza on Monday, while Israel began releasing hundreds of Palestinian prisoners...
STRASBOURG, France: European Commission President Ursula von der Leyen warned this week that a wave of recent drone incursions and...
BRASILIA, Brazil: Brazilian Supreme Court Justice Luis Roberto Barroso announced this week that he will step down from the court —...
PARIS, France: After failing to win a majority in last year's snap legislative election, French far-right leader Marine Le Pen said...
