Taiwan's own government, the ROC government under the Kuomintang (KMT), rejected the designation of "Taiwan, China" on the grounds that this would imply subordination to the PRC. However, it also refused the names "Taiwan" and "Formosa ()" as a means of reasserting both its claim as the only legitimate government of all of China, and its uncompromising rejection of Taiwan independence. Instead, deriving from the name of its capital city, the ROC government finally formulated the name “Chinese Taipei,” instead of accepting the offer of “Taiwan,” because “Chinese Taipei” signified an uncertain boundary that could exceed the ROC’s actual territory of control of Taiwan, Penghu, Kinmen and Matsu, whenever the ROC government wished to assert it. It regarded the term "Chinese Taipei" as both acceptably neutral and hopeful of assent from other interested parties. Its proposal found agreement. Beijing accepted the compromise position that the ROC Olympic Committee could be named the ""Chinese Taipei Olympic Committee"".