Asian economy now in recession now after second straight quarter of losses . In January , government offered residents $ 2.6 billion each to stimulate economy . Behind the dismal economic numbers is a global recession that is sapping demand for the products Taiwan makes . Slump of one percent followed third-quarter slump of one percent .
Asian economy now in recession now after second straight quarter of losses . In January , government offered residents $ 2.6 billion each to stimulate economy . Slump of one percent followed third-quarter slump of one percent .