China to suspend countermeasures on five US-based Hanwha Ocean subsidiaries starting November 10, 2025: MOFCOM
Global Times
By Global Times Published: Nov 10, 2025 02:18 PM
China's Ministry of Commerce on Monday announced that it will suspend for one year the countermeasures imposed on five US-based subsidiaries of South Korea's Hanwha Ocean Co, effective from November 10, 2025.
US authorities, on Eastern Time November 9, 2025, announced a one-year suspension of Section 301 measures targeting China's maritime, logistics and shipbuilding sectors, starting November 10.
In view of this, and in accordance with relevant Chinese laws and regulations, China has decided to suspend for one year, starting Beijing Time November 10, 2025, the relevant measures stipulated in MOFCOM Order No. 6 (2025) which concerned countermeasures against the five US-based subsidiaries of Hanwha Ocean Co, according to the ministry.
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