Taiwan, a vibrant democracy, has not received formal diplomatic recognition from most countries (including India) primarily to avoid provoking mainland China. Presently, Taiwan has its own laws, a distinct political system, and a thriving economy known for its sizable footprint in global supply chains for medium- and high-end technological products. In 2016, the island’s politics changed significantly with the election of new president, whereby a shift away was witnessed from Taiwan’s growing economic dependence on mainland China.
