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China’s Economy Picks Up, Even as Foreign Firms Look Elsewhere

WSJ What’s News

16-04-2024 • 14 mins

A.M. Edition for April 16. China is reporting 5.3% GDP growth for the first quarter as efforts to boost the country’s factories begin to show results. However, ifo Institute economist Andreas Baur and WSJ reporter Jason Douglas explain that foreign businesses’ moves to diversify their supply chains could complicate Beijing’s plans. Plus, the Justice Department prepares to sue concert promoter Live Nation. And as conflict scrambles energy markets, traders bet producers will step in before oil hits $100 a barrel. Luke Vargas hosts. Listening on Google Podcasts? Here's our guide for switching to a different podcast player. Learn more about your ad choices. Visit megaphone.fm/adchoices

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