China’s Economy Picks Up, Even as Foreign Firms Look Elsewhere
WSJ What’s News
The Wall Street Journal
4.1 • 4.2K Ratings
🗓️ 16 April 2024
⏱️ 13 minutes
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| 0:15.5 | slash Wall Street. |
| 0:19.6 | House Speaker Mike Johnson splits up aid bills for Ukraine, Israel, and Taiwan in a bid to push |
| 0:26.1 | them through Congress once and for all. |
| 0:28.9 | Plus China sees strong growth even as more foreign businesses decouple from the world's second largest |
| 0:35.4 | economy. |
| 0:36.4 | The phrase you often hear is China plus one. |
| 0:38.4 | You don't want to move everything out of China, but you want to make sure you have some degree |
| 0:41.2 | of redundancy and can keep manufacturing what you need |
| 0:43.8 | in the event of further disruptions. And the Justice Department prepares to |
| 0:48.0 | suit concert promoter live nation. It's Tuesday, April 16th. |
| 0:53.0 | I'm Luke Vargas for the Wall Street Journal, and here is the AM edition of |
| 0:56.8 | What's News, the top headlines and business stories moving your world today. |
| 1:04.2 | After months of delays, House Speaker Mike Johnson is planning to hold votes this week on |
| 1:09.4 | separate bills providing aid to Ukraine, Israel, and Taiwan. |
| 1:14.6 | That comes after congressional leaders from both parties and President Biden had urged Johnson |
| 1:19.6 | to take up a combined $95 billion for an aid package passed by the Senate earlier this year. |
| 1:26.0 | However, prospects for that bill had sunk amid Republican pushback on sending more money to Ukraine |
| 1:31.3 | while some Democrats had soured on more aid for Israel. |
| 1:35.0 | Here was Johnson explaining his move last night. |
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