- This file photo shows pedestrians crossing a street in Taipei, in 2011. Taiwan's economy shrank by 0.16 percent in the second quarter from a year ago, the first contraction in nearly three years, as ... more This file photo shows pedestrians crossing a street in Taipei, in 2011. Taiwan's economy shrank by 0.16 percent in the second quarter from a year ago, the first contraction in nearly three years, as the island was hit by weak export markets, according to the government less 
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Taiwan's economy contracts 0.16 percent in Q2
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