Taiwan’s official name is the Republic of China. It is located in eastern Asia. The official language is Mandarin, although a large portion of the population speaks Hoklo. Economically, Taiwan is considered one of the four “Asian Tigers,” along with Hong Kong, South Korea and Singapore. The Taiwanese economy boasts an impressive diversity of successful and booming sectors, notably the information technology and communications industries. Taiwan maintains a strong trade relationship with mainland China, making it an excellent destination for expansion into Asia.