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
Economy of Taiwan as in mainland China and Vietnam, Taiwan's future development will have to rely on further transformation to a high technology and service-oriented economy. In recent years, Taiwan has successfully diversified its trade markets, cutting its share of exports to the United States from 49% in 1984 to 20% in 2002. Taiwan's dependence on the United States should continue to decrease as its exports to Southeast Asia and mainland China grow and its efforts to develop European markets produce results. Taiwan's accession to the WTO and its desire to become an Asia-Pacific "regional operations center" are spurring further economic liberalization. Taiwan