The Chinese Commerce Ministry on Tuesday announced sanctions against five subsidiaries of South Korean shipbuilding company Hanwha Ocean.
The sanctions appeared to be retaliation for a U.S. investigation into China’s dominance of global shipbuilding — and the sanctions arguably demonstrate that Washington’s allegations are correct.
The investigation that angered Beijing was launched by the U.S. Trade Representative (USTR) in April 2024 and completed in May 2025. The investigators found that “China’s practices are unreasonable and burden or restrict U.S. commerce.”
The inquiry was conducted under Section 301 of the 1974 Trade Act, which…
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