Brazil will implement a visa-free entry policy for Chinese citizens holding ordinary passports starting May 11, 2026, allowing stays of up to 30 days per entry. Separately, Changgao Electric announced its subsidiaries secured 346 million yuan in bids for State Grid projects, representing 20.80% of its 2025 audited operating revenue. Additionally, Xiaomi's smartphone shipments dropped 19%, with its automotive business potentially being the cause. AI
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