China, officially the People's Republic of China, is a country in East Asia and the world's second-most populous country. In 1949 the Chinese Communist Party proclaimed the People's Republic of China, while the Republic of China government retreated to Taiwan; both sides still claim political legitimacy. The reform and opening-up that began in 1978 moved China towards a socialist market economy, spurring economic growth, and China is a permanent member of the UN Security Council.
Facts
Start YearThis entity is the People's Republic of China, founded in 1949; the Republic of China government's continuing claim to legitimacy from Taiwan, named in the same source sentence, is not this entity and is not smoothed over. Sources
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