- Taiwan was first discovered by Europeans in the 1500s, named 'Formosa' by Portuguese sailors.
- The Dutch and Spanish colonized the island, encouraging mass migration from China.
- In 1644, the Ming Dynasty was overthrown and loyalists fled to Formosa.
- In 1895, Taiwan was ceded to Japan after the first Sino-Japanese war.
- In 1945, Taiwan was ceded back to China, then under the rule of the Nationalist Party.
- In 1949, the People's Republic of China was created and the Nationalist Party retreated to Taiwan.
- Today, Taiwan is a flourishing democracy and a global leader in advanced semiconductors.
via The history of Taiwan’s relationship with China