Flag of the Republic of China sovereign independent country of the Republic of China (ROC) to the island of Taiwan. On the mainland, the communist forces of Mao Zedong established the People's Republic of China and adopted their own national flag. On October 23, 1954, the National Emblem and National Flag of the Republic of China Act () was promulgated by the Legislative Yuan to specify the size, measure, ratio, production, and management of the flag. While public display of the ROC flag is generally frowned upon, and may even lead to arrest in the PRC, Cambodia was the first country to outlaw it officially. In
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