Taiwan Strait Taiwan Strait The Taiwan Strait, or Formosa Strait, is a -wide strait separating the island of Taiwan from mainland China. The strait is part of the South China Sea and connects to the East China Sea to the north. The narrowest part is wide. The Taiwan Strait is the section of sea between the Chinese mainland (in Asia) and the island of Taiwan. Much of China's Fujian Province is west of the strait, having the main islands of Kinmen, Xiamen (a major city overspilling into the mainland and including Gulangyu Island), Pingtan and Matsu just off its coast. The Penghu
Central Bank of the Republic of China (Taiwan) China. Following the success of the Northern Expedition, the Central Bank took over the role of central bank for China from the Bank of China in 1928, with its headquarters in Shanghai. Before 1949, it was one of China's "Big Four" national banks, along with the Bank of China, Bank of Communications, and Farmers Bank of China. After the loss of mainland China in the Chinese Civil War by the Kuomintang (KMT) and its subsequent retreat to Taiwan in December 1949, the Central Bank of China also moved along with the government to Taiwan. Until it was re-established as central