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
Politics of the Republic of China Taiwan business representatives have concerns about issues such as safety, corruption, and contract disputes, which have led to increased caution and a search for alternative investment venues but not to pulling out from mainland China altogether. President Chen has yet to revise the previous administration's "no haste, be patient" policy regarding Taiwan-mainland China investment to prevent over-dependence on the PRC. As a result of this policy the ROC has placed restrictions on largescale infrastructure investments on mainland China in 1997. Despite this, billions of dollars have been invested in mainland China by smaller firms. The development of semiofficial cross-Strait relations