Taiwan

Why in news?

• Taiwan is competing under the name Chinese Taipei  in olympics.

About Taiwan :

• Taiwan, officially the Republic of China (ROC), is a island state in East Asia.
• Neighboring states include the People's Republic of China (PRC) to the west, Japan to the north-east, and the Philippines to the south.
• Taipei is the capital and largest metropolitan area.

Political status:

• The political status of Taiwan remains uncertain.
• People's Republic of China (PRC) claims Taiwan as part of territory of China which will be eventually reunified.
• PRC  refuses diplomatic relations with countries that recognize the ROC.
• Taiwan is a member of the World Trade Organization, Asia-Pacific Economic Cooperation and Asian Development Bank under various names like Chinese Taipei.

What is One-China policy:

• "One-China policy" is a policy saying that there is only one sovereign state under the name China, despite the fact that there are two states, the People's Republic of China (PRC) and the Republic of China (ROC).
• While most countries acknowledge this policy, and does not recognize an independent Taiwan, they also establish unofficial diplomatic relations with Taiwan’s government.

PRELIMS QUESTION

One China Policy is a term usually used in the context of relations between China and:
(a)Taiwan
(b)Hongkong
(c)Macao
(d)Tibet

Answer to prelims question