China sanctions 5 US units of shipbuilder Hanwha Ocean over probe by Washington

China has imposed sanctions on five subsidiaries of South Korean shipbuilder Hanwha Ocean, prohibiting Chinese companies from engaging in any dealings with them. This move comes in response to a probe initiated by Washington, highlighting the escalating tensions between the two nations. Such sanctions could have significant implications for international trade and the shipbuilding industry, as they may disrupt existing contracts and partnerships.