Taiwan and the One Country, Two Systems Essay Example | Topics and Well Written Essays - 2500 words

Taiwan and the One Country, Two Systems - Essay Example After the Second World War, the Republic of China, led by their leader by then, was the governing polity in the island. Following the Chinese civil war in 1949, the government of the Republic of China withdrew their control of Taiwan. In 1952, Japan officially renounced all territorial rights in San Francisco Peace Treaty. The KMT ruled Taiwan as a single party state for four decades, until democracy was realized in the 1980s. These reforms which were instigated by Chiang Ching-Kuo who was then the leader in the mainland China were continued by his predecessor Lee Teng-hui, which eventually led to the first presidential election in the island in 1996. Until today, the island is a democracy with a presidential system of governance. History and creation of â€Å"one country, two systems† policy (Deng Xiaoping) â€Å"One country, two systems â€Å"translated as â€Å"one China, two systems† is a constitutional principle that was established by Deng Xiaoping. Deng Xiaoping was an executive leader of the People’s Republic of China. His purpose in formulating this principle was major to reunify China during the early 1980s. This leader gave suggestions for the establishment of only one China, but different regions such as Macau, Taiwan, and Hong Kong to retain their capitalist political and economic systems while the rest of China to remain on a socialist system. Under this principle, Macau, Taiwan, and Hong Kong regions should go on with their legal, political, financial or economic affairs including how they relate to other foreign states.