Taiwan

Taiwans export-oriented industrial economy is the 21st-largest in the world by nominal GDP and 20th-largest by PPP measures with major contributions from steel machinery electronics and chemicals manufacturing. Taiwans population is aging quickly with the number of people over 65 expected to account for nearly 20 of the islands total population by 2025.


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About two-thirds of Taiwan is a rugged mountain landscape.

. Taiwan is an island country located at the western edge of the Pacific Ocean. Taiwan enjoys Export-Import Bank financing Overseas Private Investment Corporation guarantees normal trade relations. Taipei in the north is the seat of government of the Republic of China ROC.

Following the February 28 massacre in 1947 martial law was declared in 1949 by the Governor. The island runs a trade surplus with many economies including China and the US and its foreign reserves are the worlds fifth largest behind those of China Japan Saudi Arabia and Switzerland. The term Taiwan China Chinese.

History of Taiwan 1945present As a result of the surrender and occupation of Japan at the end of World War II the island of Taiwan was placed under the governance of the Republic of China ROC ruled by the Kuomintang KMT on 25 October 1945. Is Taiwans second largest trading partner. As observed on the physical map of Taiwan the Chung-yang Shan range central dominates the island.

Learn more about the history of Taiwan in this article. Taiwan island in the western Pacific Ocean that lies roughly 100 miles 160 km off the coast of southeastern China. 中国台湾 is used by mainland Chinese media even though the Peoples Republic of China PRC which is widely recognized by the international community as the legitimate representative of China does not exercise jurisdiction over Taiwan and other areas controlled by the Republic of China ROC.

Taiwan is a developed country ranking 15th in GDP per capita. Taiwan is the United States ninth largest trading partner and the US. The main island of the country covers an area of 35808 sq.

It has over 200 peaks exceeding 3000 m in.


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