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

BEIJING (Reuters) -China has suspended sanctions on U.S.-linked subsidiaries of South Korea’s Hanwha Ocean Co Ltd 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)