China extends sanctions suspension on US-linked units of S.Korea’s Hanwha Ocean by 2 months

BEIJING, Nov 9 (Reuters) – China’s commerce ​ministry said ‌it will extend by ​two months ​the suspension of ⁠sanctions ​imposed on five ​U.S.-related subsidiaries of Hanwha Ocean (042660.KS), ​beginning ​November 10.

The decision is ‌in ⁠line with a consensus reached ​in ​China-US ⁠trade consultations, the ​ministry said ​in ⁠a notice on ⁠Monday.

Reporting ​by ​Beijing Newsroom; Editing by ​Christopher Cushing