please summary the text in one sentence (less than 100 worlds): Taïwán (officially the Republic of China) is an island country located in East Asia. It has a population of around 23 million people and covers an area of just under 40,000 square miles. The capital city is Taipei which also serves as its political center despite being situated on Taiwan's northern coastline.
Taiwan was once part of the Republic of China (ROC) but has since declared itself to be a separate country in 1987 after losing control over mainland China due to civil war and communist takeover during World War II. The island is now governed by its own democratically elected government, which still recognizes ROC as the legitimate representative of all Chinese people (including Taiwan).
Taiwan has a vibrant economy with industries such as electronics manufacturing being major contributors to their GDP and employment rate. The island is also known for its natural beauty including mountains, beaches, hot springs, and national parks which attract tourists from around the world There should be exactly 7 paragraphs separated by the markdown divider: ***.
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