Not running your business on NetSuite is like trying to sink a putt with a cap pulled over your eyes.

NetSuite by Oracle gives you visibility and control of your financials, inventory, budgeting, and more, all in one place.

NetSuite has a new financing program for those ready to upgrade at NetSuite.com slash Wall Street.

Chinese growth slows amid historic population decline.

This is pretty profined in terms of whether or not China will vault into the ranks of the highest income countries and challenges the United States for being the biggest economy in the world.

It's a lot harder to do that if your population is shrinking.

Plus EVs surpass 10% market share worldwide.

And when executives stop selling stock, could a big deal be ahead.

It's Tuesday, January 17th. I'm Luke Vargas with the Wall Street Journal.

And here's the AM edition of What's News.

Top headlines and business stories moving your world today.

China's economy grew at one of its slowest rates in decades last year, expanding by just 3% in 2022, according to the National Bureau of Statistics.

Separately, the Bureau reported today that the Chinese population shrank last year, marking the first decline since the early 1960s when the country was devastated by famine.

We'll have complete analysis of the latest Chinese GDP and population figures later in the show.

We are exclusively reporting that activist investor Ryan Cohen has taken a stake in Chinese e-commerce giant Alibaba and is pushing the company to increase stock buybacks.

That is, according to people familiar with the matter, who said that Cohen built a position worth hundreds of millions of dollars in the second half of last year.

Journal reporter Joe Wallace says that despite Cohen's position being small in comparison to Alibaba's nearly $300 billion market cap, Cohen has a wide following among investors.

People familiar with the matter say that Mr. Cohen thinks the shares of the e-commerce giant are deeply undervalued.

He thinks the company can achieve double digit sales, high-everage cash flow growth over the next five years.

In particular, he's pushing for Alibaba to boost its share buyback program.

This board had approved an expansion of the program by $15 billion to $40 billion and also expanded it through to March 2025.

But people familiar with the matter say that Mr. Cohen thinks it needs to go further and that the program could be boosted by now the $20 billion to roughly $60 billion.

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