Surprise Me!

$5B Deal in Philly: Why China Just Backed Off US Hanwha Subsidiaries

2025-11-11 1 Dailymotion

China has just suspended sanctions on five US subsidiaries of South Korea’s shipbuilding giant, Hanwha Ocean. This surprising move follows the US decision to halt port fees on Chinese-operated ships — a gesture seen as part of a fragile truce in the ongoing trade war between Washington and Beijing. With a $5 billion investment in Philly Shipyard now in play, this could mark a turning point in global trade dynamics — or just a temporary pause. Here's what you need to know.<br />WooGlobe Ref : WGA450164<br />For licensing and to use this video, please email licensing@wooglobe.com

Buy Now on CodeCanyon