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) bank in 1961, the Bank of Taiwan acted as the "de facto" central bank in Taiwan. On 8 November 1979, the newly revised Central Bank of China Act was promulgated. The Bank of Taiwan issued the New Taiwan dollar until 2000, when the Central Bank of China finally took over the task. In 2000 the English name of the Central Bank of China was renamed Central Bank of the Republic of China (Taiwan) along with a host of other renamings under the Chen Shui-bian administration of state-owned corporations with "China" in their name, such as the Chunghwa Post. The headquarters