"It’s in the right direction, but it might be a bit bumpy."
Versaca co-principal, Dambisa Moyo, tells Francine Lacqua why she’s optimistic on trade relations between the US and China https://www.bloomberg.com/news/articles/2025-10-14/china-imposes-curbs-on-hanwha-units-after-us-shipping-moves
China sanctioned the US units of Hanwha Ocean Co., a South Korean shipping giant, and threatened further retaliatory measures on the industry.
The sanctions prohibit people or organizations in China from transacting with US units of Hanwha Ocean Co. and are the latest in a series of tit-for-tat moves as Beijing and Washington jockey for leverage before expected trade talks.