Geography of Taiwan Geography of Taiwan Taiwan, formerly known as Formosa, is an island in East Asia; located some off the southeastern coast of mainland China across the Taiwan Strait. It has an area of , which includes other nearby islands such as Penghu (). The East China Sea lies to the north, the Philippine Sea to the east, the Luzon Strait directly to the south and the South China Sea to the southwest. The island makes up 99% of the current territory of the Republic of China, which is also known as "Taiwan". Taiwan is a tilted fault block, characterized by the
Central Bank of the Republic of China (Taiwan) building is accessible within walking distance north-west from Chiang Kai-shek Memorial Hall MRT station of the Taipei Metro. Central Bank of the Republic of China (Taiwan) The Central Bank of the Republic of China (Taiwan) (CBC; ), known in English from 1924 to 2007 as the Central Bank of China, is the central bank of the Republic of China, now commonly known as Taiwan. Its legal and common name in Chinese is literally translated as the "Central Bank". The central bank is administered under the Executive Yuan of the ROC government. The bank was originally proposed in 1923 by Sun