China bets on $2tn high-tech infrastructure plan to spark economy

China bets on $2tn high-tech infrastructure plan to spark economy

HONG KONG — When Chinese Prime Minister Li Keqiang delivered his government’s annual work report in Beijing recently, the so-called new infrastructure initiative was high up on the agenda. That phrase also cropped up when Huawei Technologies and Baidu...
US and UK take riskier path in dilemma over reopening economy

US and UK take riskier path in dilemma over reopening economy

TOKYO/PARIS/WASHINGTON — Countries around the world are caught on the horns of a dilemma: prioritize reopening the economy or continue restricting activity to limit the spread of the novel coronavirus. A quick economic restart could brighten the picture for...
Thai celebrity and pilots take gig jobs in post-pandemic economy

Thai celebrity and pilots take gig jobs in post-pandemic economy

BANGKOK — Actor Pheerawas Khunlanunthwatn hopes his latest role — as a delivery driver for Grab — will be an inspiring one for his fellow Thais as the kingdom emerges from its coronavirus outbreak. The 33-year-old known as Amp, who boasts more than...
Indonesia prepares to open economy even as COVID-19 risk lingers

Indonesia prepares to open economy even as COVID-19 risk lingers

JAKARTA — “The new normal” is the catchphrase among Indonesian government officials seeking an exit from partial lockdowns across the sprawling archipelago. But with the country still contending with a high number of new daily cases, policymakers are...
Abe comes down on side of economy with decision to reopen Tokyo

Abe comes down on side of economy with decision to reopen Tokyo

TOKYO — Anxious about the state of Japan’s economy, Prime Minister Shinzo Abe huddled with cabinet members ahead of Monday’s decision to lift the coronavirus state of emergency in Tokyo and four other regions. “Let’s go with this,”...