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) 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 Yat-sen's administration in Guangzhou, in which it was established a year later under the name Central Bank of