The president of the Republic of China, commonly known as the president of Taiwan, is the head of state of the Republic of China (Taiwan) as well as the commander-in-chief of the Republic of China Armed Forces. The position once had authority of ruling over Mainland China, but its remaining jurisdictions has been limited to Taiwan, Penghu, Kinmen, Matsu, and other smaller islands since the conclusion of the Chinese Civil War.
The Bank of China is a Chinese majority state-owned commercial bank headquartered in Beijing and the tenth largest bank in the world.
The New Taiwan dollar is the official currency of the Republic of China. The New Taiwan dollar has been the currency of the island of Taiwan since 1949, when it replaced the old Taiwan dollar, at a rate of 40,000 old dollars per one new dollar. The basic unit of the New Taiwan dollar is called a yuan (圓) and is subdivided into ten chiao (角), and into 100 fen (分) or cents, although in practice both chiao and fen are never actually used.
As a result of the surrender and occupation of Japan at the end of World War II, the islands of Taiwan and Penghu were placed under the governance of the Republic of China (ROC), ruled by the Kuomintang (KMT), on 25 October 1945. Following the February 28 massacre in 1947, martial law was declared in 1949 by the Governor of Taiwan, Chen Cheng, and the ROC Ministry of National Defense. Following the end of the Chinese Civil War in 1949, the ROC government retreated from the mainland as the Chinese Communist Party (CCP) proclaimed the establishment of the People's Republic of China. The KMT retreated to Taiwan and declared Taipei the temporary capital of the ROC. For many years, the ROC and PRC each continued to claim in the diplomatic arena to be the sole legitimate government of "China". In 1971, the United Nations expelled the ROC and replaced it with the PRC.
Bank of China (Hong Kong) Limited (Chinese: 中國銀行(香港)有限公司), also known as its short name Bank of China (Hong Kong) or BOCHK (Chinese: 中銀香港), is a subsidiary of the Bank of China (via the Hong Kong-listed intermediate holding company BOC Hong Kong (Holdings)). Bank of China (Hong Kong) is the second-largest commercial banking group in Hong Kong in terms of assets and customer deposits (2008 data), with more than 190 branches across Hong Kong as of the end of 2019. It is also one of the three commercial banks licensed by the Hong Kong Monetary Authority to issue banknotes for the Hong Kong dollar.
The Bank of Taiwan is a commercial bank headquartered in Taipei, Taiwan. It was the main issuer of banknotes on the island from 1899 to 1961, when that role was taken over by the Central Bank of China (now Central Bank of the Republic of China. The Bank of Taiwan is owned by the Government of the Republic of China.
The history of Chinese currency spans more than 3000 years. Currency of some type has been used in China since the Neolithic age which can be traced back to between 3000 and 4500 years ago. Cowry shells are believed to have been the earliest form of currency used in Central China, and were used during the Neolithic period.
The Yuan is the base unit of a number of former and present-day currencies in Chinese.
The Central News Agency (CNA) is Taiwan's semi-official wire service.
Taiwanese nationalism is a nationalist movement which asserts that the Taiwanese people are a distinct nation. Due to the complex political status of Taiwan, it is strongly linked to the Taiwan independence movement in seeking an identity separate from China. This involves the education of history, geography, and culture from a Taiwan-centric perspective, promoting native languages of Taiwan such as Taiwanese Hokkien, Hakka, and indigenous languages, as well as reforms in other aspects.
The Old Taiwan dollar was in use from 1946 to 1949, beginning shortly after Taiwan's handover from Japan to the Republic of China. The currency was issued by the Bank of Taiwan. Hyperinflation prompted the introduction of the New Taiwan dollar in June 1949, shortly before the Nationalist evacuation from mainland China in December.
The Central Mint, known in English before 2004 as the Central Mint of China (CMC), is a subsidiary company of the Central Bank of the Republic of China (Taiwan). The major activities of the mint are minting and melting circulation and commemorative coins, and producing commemorative medals and other kind of casting products for government institutions and businesses in Taiwan.
The Overseas Community Affairs Council is a cabinet-level council of the Executive Yuan of the Republic of China (Taiwan). The council was founded in 1926 in Canton (Guangzhou) in Kwangtung (Guangdong) Province.
The handover of Macau from the Portuguese Republic to the People's Republic of China was at midnight on 20 December 1999. This event ended 442 years of Portuguese rule in the former settlement, which began in 1557.
The cross-strait charters are special flights between Taiwan and mainland China, across the Taiwan Strait. After the Chinese Civil War, no direct flights were allowed between Taiwan and mainland China; this remained the case until 2003. Passengers had to transfer in a third city, such as Hong Kong, to complete their trip.
The history of banking in China includes the business of dealing with money and credit transactions in China.
The fifth series of the new Taiwan dollar banknotes is the current and latest series to be issued for circulation in the Republic of China (Taiwan). It was first introduced by the Central Bank of the Republic of China (Taiwan) on 3 July 2000.
The Mega International Commercial Bank is the second largest bank in Taiwan by tier 1 capital and a subsidiary of Mega Financial Holding Company. It has 108 branches in Taiwan and 39 overseas units. The bank is the sole domestic US dollar/Euro settlement bank designated by the Bankers Association.
The Ta-Ching Government Bank, known as the Ta-Ching Bank of the Ministry of Revenue (大清戶部銀行) from 1905 to 1908, was the name of the Bank of China as a government agency of the Qing dynasty until the empire's dissolution in 1912. It was originally created to serve as the central bank of China in 1905, originally as a division of the Ministry of Revenue, and would serve as the country's de facto central bank until the establishment of the Central Bank of China in 1924.
The Chinese gold yuan was a legal tender currency of China between August 1948 and 1949. It was a method used by the Republic of China government to accumulate gold from its citizens in preparation to relocate to Taiwan. It circulated in the country under the effective control of the Government of the Republic of China known as Taiwan Province, R.O.C., which issued paper money on August 19, 1948. This currency was notorious for vicious inflation due to inadequate issuance preparation and failure to strictly enforce issuance limits. In the early days of the issuance of the Golden yuan, the government used executive actions to force the public to exchange gold, foreign currency for the new currency. The legal exchange rate was 0.22217 grams of gold per gold yuan but it could not be honored. The sharply depreciating Fabi currency was at the rate of one golden yuan of the yen to Fabi $3 million, and this rate was used for the compulsory collection of public gold, silver, and foreign currency. In particular, the economic losses suffered by the urban middle class were so great that the ROC government lost its original most important supporters and was one of the reasons why the ROC government failed so quickly in the Chinese Civil War.
Republic of China (Taiwan) 
