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Donald Trump picks his nominee for ambassador to China and names a czar for AI and crypto.

Plus divisions within OPEC as the oil cartel braces for change in Washington.

The Trump factor will change the calculus for a lot of players.

You have to choose. You want higher prices, which means less all coming from OPEC and its partners, or defend your market share.

And Parisians prepare to celebrate the reopening of Notre Dame. It's Friday, December 6th. I'm Luke Vargas for the Wall Street Journal, and here is the AM edition of

What's News, the top headlines and business stories moving your world today.

President-elect Donald Trump says he plans to nominate former Georgia Senator David Perdue as

ambassador to China,

putting the business executive in a key role navigating relations between the world's two largest

economies. I asked journal China politics reporter Chen Han Wang how the pick is going over in Beijing.

I spoke to some Chinese academics and foreign affairs commentators, and they seem to take a

cautiously optimistic view. They pointed to the fact that even though Purdue has said some things

that had led him to be considered to be somewhat anti-China, he's also had this extensive experience

as a business executive in Asia, including two years that he spent living in

Hong Kong. And his career in textile manufacturing and retail meant that he would likely have

had extensive experience dealing with Chinese contractors and understand the trade dynamics

...