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( Two Chinas) The term Two Chinas (traditional Chinese ????; simplified Chinese ????; pinyin liang gè Zhongguó) currently refers to the two states with "China" in their official names[1]

In 1912, Xuantong Emperor abdicated as a result of the Xinhai Revolution and the Republic of China was established by revolutionists led by Dr Sun Yat-sen. It was ruled by the Kuomintang as a single-party state. In 1921, the Communist Party of China was founded in Shanghai.

During 1931 to 1934, with the support from Soviet Union, Chinese communist party established another country inside the Republic of China, it was called Chinese Soviet Republic, it had its own bank system, printed its own money, etc. It was the first time when two Chinas occurred. It was officially dissolved on 22 September 1937, when the Chinese Communist Party issued, in the context of the Second United Front, its manifesto on unity with the Kuomintang, as the Second Sino-Japanese War was only a few weeks old[2].

From 1912 to 1949, China was scarred by wars between warlords, World War II, Japanese invasion and the Chinese Civil War. As the Chinese Civil War ended in 1949, Communist Party of China took control of Mainland China and founded the People's Republic of China. The Government of the Republic of China retreated to Taiwan in the same year.

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