China extends suspension of countermeasure sanctions against US subsidiaries of Hanwha Ocean

10 November 2026

China extends suspension of countermeasure sanctions against US subsidiaries of Hanwha Oceansongweiqiang/Shutterstock.com

China’s Ministry of Commerce (MOFCOM) has extended its suspension of countermeasures against 5 US subsidiaries of South Korean shipbuilder Hanwha Ocean. MOFCOM said the extension will last until 10 January 2027. China first imposed...

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Michael O'Kane

Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters and as a prosecutor. Michael was called…

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