Why in News?
Recently, the Speaker of the House of Representatives of US visited Taiwan, the highest level American official to go to the island since 1997.
This visit has raised tension between US and China.
What is the Taiwan-China
Taiwan is an island about 160 km off the coast of southeastern China,opposite the Chinese cities of Fuzhou, Quanzhou, and Xiamen.
Taiwan History
It was administered by the Qing imperial dynasty, but its control was passed to the Japanese in 1895. After the defeat of Japan in World War II, the island passed back into Chinese hands.
After the communists led by Mao Zedong won the civil war in mainland China, Chiang Kai-shek, the leader of the nationalist Kuomintang party, fled to Taiwan in 1949.
Chiang Kai-shek set up the government of the Republic of China on the island and remained President until 1975 Following the split of China and Taiwan in the civil war, the Republic of China (ROC) government was relocated to Taiwan. On the other hand, The
Communist Party of China (CPC) established the People’s Republic of China (PRC) in the mainland.
What is USA’s Policy toward Taiwan?
It has maintained a ‘One China’ policy since the 1970s, under which it recognizes Taiwan as a part of China.
One China’ policy means that the nations who want to have diplomatic relations with the People’s Republic of China (PRC) have to recognize the PRC but not the ROC as China, breaking the relations with Republic of China (ROC).
What is Indian Policy towards Taiwan?
India also follows One China Policy and it doesn’t have formal diplomatic ties with Taiwan India-Taipei Association (ITA) is headed by a senior diplomat.
Taiwan has the Taipei Economic and Cultural Center (TECC) in New Delhi
What is the Importance of Taiwan?
Semiconductors are critical components that power electronics from computers and smartphones to brake sensors in cars.
majority of semiconductors are produced in Taiwan and it dominates the outsourcing of semiconductor manufacturing.
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