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042660 — Hanwha Ocean News Story

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China suspends sanctions on US-linked units of S.Korea's Hanwha Ocean

BEIJING, Nov 10 (Reuters) - China has suspended sanctions on U.S.-linked subsidiaries of South Korea's Hanwha Ocean Co Ltd 042660.KS for a year, its commerce ministry said on Monday.

The suspension of sanctions imposed on October 14 takes effect immediately, the ministry statement said.

 (Reporting by Liz Lee and Beijing newsroom; Editing by Tom Hogue)

 ((liz.lee@thomsonreuters.com))

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