Postage stamps and postal history of Taiwan Postage stamps and postal history of Taiwan This is a survey of the postage stamps and postal history of Taiwan, otherwise known as Formosa, and currently governed by the Republic of China. The Republic of China comprises the islands of Taiwan, Penghu, Kinmen, Matsu, and other minor islands, which are located off the east coast of mainland China. Neighboring states include the People's Republic of China to the west, Japan to the north-east, and the Philippines to the south. In 1886 Taiwan was upgraded from a prefecture to a province. A postal service was organised by Governor Liu Mingchuan, and
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