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The partnership between China and the World Bank began on December 27, 1945, when it joined the organization. After the Communist victory in 1949 in the Chinese Civil War, the Chinese Communist Party proclaimed the People's Republic of China (PRC) on the mainland while the Republic of China (ROC) government retreated to the island of Taiwan, formerly a Japanese colony it acquired in 1945 after ...
In 1912, China adopted its official name, Chunghwa Minkuo (rendered in pinyin Zhōnghuá Mínguó) or in English as the "Republic of China", which has also sometimes been referred to as "Republican China" or the "Republican Era" (民國時代), in contrast to the Qing dynasty it replaced, or as "Nationalist China", after the ruling Chinese ...
Based on an agreement between the United Nations and the World Bank in 1981, Development Business became the official source for World Bank Procurement Notices, Contract Awards, and Project Approvals. [62] In 1998, the agreement was renegotiated, and included in this agreement was a joint venture to create an online version of the publication.
The Republic of China's first president, Sun Yat-sen, chose Zhōnghuá Mínguó (中華民國; 'Chinese People's State') as the country's official Chinese name.The name was derived from the language of the Tongmenghui's 1905 party manifesto, which proclaimed that the four goals of the Chinese revolution were "to expel the Manchu rulers, revive China (), establish a people's state (mínguó ...
The Sanskrit word चीन] (Cina), meaning "China", was transcribed into various forms including 支那 (Zhīnà), 芝那 (Zhīnà), 脂那 (Zhīnà) and 至那 (Zhìnà).Thus, the term Shina was initially created as a transliteration of Cina, and this term was in turn brought to Japan with the spread of Chinese Buddhism.
China became the world's largest trading nation in 2013 by the sum of imports and exports, as well as the world's largest commodity importer, accounting for roughly 45% of maritime's dry-bulk market. [326] [327] China's foreign exchange reserves reached US$3.246 trillion as of March 2024, making its reserves by far the world's largest. [328]
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The 1970s saw many switches in diplomatic recognition from the Republic of China to the People's Republic of China. After World War II, the Republic of China had been one of the founding members in the United Nations and held China's seat on the Security Council until 1971, when it was expelled by General Assembly Resolution 2758 and replaced ...