【Overseas News】EU CRMA Act Amended! Shipping Prices Surge 467%! Foreign Ministry Responds to Chip Purchases from US Enterprises

International News Summary:

Raw Material NewsThe EU revises the critical raw materials regulation to "de-China," setting minimum levels for recycled materials.

-VinFast will invest $500 million in India to expand its manufacturing operations.

Electronic NewsChina will buy MI308 chips from the U.S.? The Foreign Ministry responds.

-EUBP releases the 2025 bioplastics market report, global capacity continues to expand.

Medical News-Trelleborg Healthcare & Medical Costa Rica Production Facility Officially Begins Operations

Macroeconomic News-Joint Statement on Continuously Promoting Cooperation in the Peaceful Use of Nuclear Energy between the People's Republic of China and the French Republic

 Below are the details of international news.：

China will purchase from the United States.MI308 chip? Ministry of Foreign Affairs responds.

On December 5, Foreign Ministry spokesperson Lin Jian hosted a regular press conference. According to reports, the CEO of Advanced Micro Devices (AMD) stated that they are ready to pay a 15% tax to the U.S. government in order to export MI308 chips to China. A Reuters reporter asked at the conference whether China is prepared to purchase these chips. In response, Lin Jian said, "We have repeatedly stated our position on the issue of U.S. chips exported to China. We hope the U.S. will take concrete actions to maintain the stability and smoothness of global production and supply chains. For specific details, we suggest inquiring with the relevant Chinese authorities."

2. EU amends critical raw materials legislation"Going to the center," set a minimum limit for recycled materials!

The EU's Critical Raw Materials ActWithin the CRMA framework, significant revisions have been proposed, and the "RESourceEU" action plan has been simultaneously released. The goal is to swiftly reduce reliance on a single third country (primarily referring to China) for critical raw materials through financial, market, and regulatory means, while elevating the recycling rate and transparency of circular utilization (especially regarding rare earth permanent magnets and battery-related materials) to a mandatory requirement. This article interprets the core content of the revisions concerning "reducing reliance on a single country" and "incorporating recycled content and pre-consumer waste," and assesses the practical impacts on industries and enterprises as well as key response points.

Stellantis received a breach of contract notice from the Canadian government for relocating the Jeep production line to the United States.

According to foreign media reports,On December 4, Canadian Industry Minister Melanie Joly stated that due to Stellantis Group transferring its auto production line to a U.S. plant, the Canadian government has informed the company that it violated the financial aid agreement funded by Canadian taxpayers. In October of this year, Stellantis announced the cancellation of its plan to produce the Jeep Compass SUV at the Brampton plant in Ontario, Canada, and moved the production of this model to its plant in Illinois, USA. Stellantis stated that it would invest $13 billion in the United States over the next four years, with part of the funding used to offset tariff costs. Shortly thereafter, Joly expressed that legal action would be taken against Stellantis for this move.

The European Commission officially approved the first set of "Carbon Removal and Carbon Farming Certification Framework."Regulations for the Implementation of CRCF

The EU carbon removal market is moving from institutional design to actual implementation. The European Commission recently officially adopted the first set of the "Carbon Removal and Carbon Farming Certification Framework."The implementation regulations of the CRCF represent the first substantial legislative action since the CRCF regulation came into effect in 2024. The introduction of these implementation regulations is closely linked to the release of the new EU Bioeconomy Strategy on November 27, 2025. The CRCF has been formally incorporated as a core module of this strategy.

5. EUBP Releases 2025 Bioplastics Market Report, Global Capacity Continues to Expand

European Bioplastics AssociationEUBP released the "2025 Bioplastics Market Development Update Report" at the EBC25 exhibition in Berlin, Germany. The latest data confirms that the global production capacity of bio-based plastics is continuously expanding, highlighting its increasingly prominent role in the transition to a sustainable circular economy. The report indicates that the global production capacity of bio-based plastics is expected to double from 2.31 million tons in 2025 to approximately 4.69 million tons in 2030. Bio-based plastics currently account for about 0.5% of the 431 million tons of plastic produced globally each year. This growth reflects the increasing market demand and ongoing innovation in material performance and applications.

VinFast will invest $500 million in India to expand its manufacturing business.

On December 4th, VinFast, the largest automobile manufacturer in Vietnam, stated in a release that it plans to invest $500 million in India to expand its manufacturing operations. The scope of business will include the production and construction of electric buses, electric motorcycles, and charging infrastructure. The statement, released on the evening of December 4th, noted that Tamil Nadu in southern India will allocate approximately 200 hectares of land adjacent to VinFast's existing factory, providing the site support for its expansion plans.

7. Trelleborg Medical's Costa Rica production facility officially commences operations.

Treibur Medical DivisionTrelleborg Medical Solutions has officially launched its first manufacturing plant in Costa Rica. The plant is located in Grecia, Alajuela Province, and covers an area of 107,600 square feet. It offers liquid silicone rubber molding, dip coating processes, as well as production and assembly services for thermoplastic components and devices used in critical healthcare and medical applications. The facility includes a cleanroom that meets the stringent specific standards of the medical device manufacturing industry.

Overseas macro market information:

China and France issue multiple joint statements.

At the invitation of President Xi Jinping, French President Emmanuel Macron will pay a state visit to China from December 3 to 5. During the visit, China and France issued a joint statement on strengthening global governance, cooperating to address global climate and environmental challenges, continuing to promote cooperation in the peaceful use of nuclear energy, exchanges and cooperation in agriculture and food, and the situations in Ukraine and Palestine.

Joint Statement on Continuous Promotion of Cooperation in the Peaceful Use of Nuclear Energy between the People's Republic of China and the French Republic

The statement declares that China and France both agree that nuclear energy, as a clean, low-carbon, stable, and reliable base-load energy source, plays a uniquely important role in addressing global challenges such as climate change and energy security. Both sides welcome the industrial and technological cooperation conducted under the framework of the Intergovernmental Agreement on Peaceful Uses of Nuclear Energy signed on May 15, 1997, and the Protocol on Peaceful Uses of Nuclear Energy signed on November 22, 1982. China and France will continue to uphold the principles of transparency, respect, and mutual trust in their cooperation in this field.

[Huatai Securities: RMB Appreciation Gradually Enters a Good Phase]

Huatai Securities pointed out that recently, the offshore RMB exchange rate has performed stronger than the central parity rate and the onshore exchange rate, indicating that market expectations for RMB appreciation are heating up. After May-June this year, market expectations for the RMB exchange rate have gone through a process of bottoming out, building momentum, and moderate recovery. Currently, RMB appreciation, which was a "contrarian" view at the beginning of the year, has gradually become a consensus among some market participants. With the recent downward revision of the Federal Reserve's interest rate cut expectations being largely in place, the fog of short-term weakness in China's apparent economic data dissipating, strong export growth, and the peak period for foreign exchange settlement before the Spring Festival approaching, RMB appreciation is expected to gradually come into full swing.

[China's Initiative on Deepening China-ASEAN Digital Governance Cooperation Released]

According to Xinhua News Agency, it was reported on December 4th that the Second China-ASEAN Digital Governance Dialogue was held in Beihai, Guangxi. During the meeting, China released the "Initiative of China on Deepening China-ASEAN Digital Governance Cooperation." The initiative proposes that in the face of challenges such as development imbalances, inadequate rules, and unreasonable order brought about by digital development, China is willing to work with ASEAN countries to strengthen solidarity and cooperation, build consensus on cooperation, and jointly enhance the capacity and level of digital governance, thereby contributing to the construction of a closer China-ASEAN community with a shared future.

[Swiss Economic Association: Export Pressure Will Weigh on Switzerland's Economic Growth in 2026]

The Swiss Economic Federation, a significant economic organization in Switzerland, stated on December 3rd that major uncertainties affecting the global market and protectionist measures adopted by certain countries are putting pressure on Switzerland's export-oriented economy, which will drag down its economic growth next year. The Swiss Economic Federation forecasts that after reaching a real GDP growth rate of 1.2% in 2025, Switzerland's growth will slow to 1.0% in 2026, continuing to remain below its potential level. According to the forecast, in 2026, the overseas sales of the country's technology industry, watchmaking industry, textile industry, chemical industry, and export-oriented food industry will decline.

Russian official Oreshkin: Seeking to increase the scale of procurement of Indian goods "several times."

Maxim Oreshkin, Deputy Head of the Presidential Administration of Russia, stated on Thursday at the Russia-India Forum in New Delhi that Russia seeks to increase the scale of procurement of Indian goods "several times." Currently, India's share in Russian imports is less than 2%. Russia is interested in importing agricultural products, food, pharmaceuticals, telecommunications equipment, IT services, and industrial equipment. The Russian side also hopes to attract more Indian citizens to work in Russia.

[Two Departments: From December 9, 2025, taxable vessels registered in Kuwait will be subject to a preferential tonnage tax rate]

According to the announcement by the Ministry of Finance and the General Administration of Customs, and in accordance with the relevant provisions of the "Ship Tonnage Tax Law of the People's Republic of China" and the "Maritime Agreement between the Government of the People's Republic of China and the Government of the State of Kuwait," Kuwaiti-flagged taxable ships will be subject to a preferential tonnage tax rate starting from December 9, 2025.

[Shipping prices soar by 467% as commodity supply lines are disrupted]

Due to conflicts, sanctions, and a surge in production disrupting global supply lines, transoceanic freight rates for commodities ranging from energy to bulk minerals are experiencing a rare year-end surge. This year, the daily earnings for transporting crude oil on major routes saw the largest increase of 467%, while the freight rates for liquefied natural gas (LNG) and iron ore rose by more than threefold and more than doubled, respectively. Freight rates typically decline at the end of the year as this is a low-demand season. The increasing time ships spend transporting goods at sea has led to a price surge, and some shipping industry executives expect the overall market tension to last at least until early next year.

Price Information:

The central parity rate of the RMB against the USD is 7.0749, down by 16 points; the previous trading day's central parity rate was 7.0733, the official closing price of the previous trading day was 7.0690, and the overnight session closed at 7.0710.

[Upstream Raw Material USD Market Prices]

CFR Northeast Asia is $740 per ton, CFR Southeast Asia is $720 per ton.

The FOB Korea average price for propylene in Northeast Asia is $720/ton, and the CFR China average price is $750/ton.

The CIF price for North Asia is as follows: Propane at 537-539 USD/ton; Butane at 592-594 USD/ton.

The CIF price of frozen goods in South China in December is $575-585/ton for propane and $556-575/ton for butane.

The CIF price of frozen goods in Taiwan is as follows: propane at $537-539 per ton; butane at $592-594 per ton.

LLDPE USD market price

Film: USD 840-850/ton (CFR Huangpu)

Injection molding: $880/ton (CFR Huangpu);

[HDPE USD Market Price]

Film: $880-895/ton (CFR Huangpu);

Injection molding: $815-820 per ton (CFR Huangpu);

Hollow: $820-830/ton (CFR Huangpu);

Pipe material: USD 1000/ton (CFR Huangpu);

[LDPE USD Market Price]

Film: $990-1000/ton (CFR Huangpu);

Coating: $1190/ton (CFR Huangpu).

[PP USD Market Price]

Injection molding: $795/ton (CFR Huangpu);

Copolymer: $830-855/ton (CFR Nansha);

Membrane material: 965 USD/ton (CFR Huangpu).

Transparent: $1065/ton (CFR Huangpu);

Pipes: $1100/ton (CFR Shanghai).

Sure! Please provide the content you would like me to translate into English. Yun Shimon （Carrie）