CURRENT AFFAIRS

Detailed explanation-1: -The Republic of China government retrieved Taiwan in 1945 back from Japan, then fled in 1949 to Taiwan with the aim to retake mainland China. Both the ROC and the PRC still officially (constitutionally) claim mainland China and the Taiwan Area as part of their respective territories.

Detailed explanation-2: -The ROC government relocated to Taiwan in 1949 while fighting a civil war with the Chinese Communist Party. Since then, the ROC has continued to exercise effective jurisdiction over the main island of Taiwan and a number of outlying islands, leaving Taiwan and China each under the rule of a different government.

Detailed explanation-3: -Until the US formally recognized the People’s Republic of China in 1979, Washington provided ROC with financial grants based on the Foreign Assistance Act, Mutual Security Act and Act for International Development enacted by the US Congress.

Detailed explanation-4: -Treaty of Shimonoseki Kinmen and Matsu Islands on the coast of Fukien, and the islands in the South China Sea currently administered by the Republic of China on Taiwan were not part of the cession. In 1895, subsequent to the Treaty of Shimonoseki, officials in Taiwan declared independence.