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On seven December 1949, following the loss of 4 capitals, Chiang evacuated his Nationalist govt to Taiwan and manufactured Taipei the temporary money of your ROC (also known as the "wartime cash" by Chiang Kai-shek).[76] Some two million men and women, consisting primarily of troopers, customers of the ruling Kuomintang and intellectual and organiz… Read More

By 1945, hyperinflation was in development in mainland China and Taiwan being a result of the war with Japan. To isolate Taiwan from it, the Nationalist government established a new forex place with the island, and started a price stabilization software. These efforts substantially slowed inflation.In 1993, a separate constitutional courtroom was r… Read More

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