Etymology of the Korean currencies Etymology of the Korean currencies The won is the currency of both North and South Korea. "Won" is a cognate of the Chinese currency unit, the yuan, and the Japanese currency unit, the yen, meaning "round object". The won is subdivided into 100 jeon (전; 錢; McCune-Reischauer: "chŏn"; Revised Romanization: "jeon"). Yang is a former Korean currency. It is a cognate of the Chinese tael (pronounced "liǎng" in Chinese). The yang was subdivided into 100 fun (pronounced "pun" but spelt with an "f" on the coins). Fun (푼) is a cognate of the Chinese word fen (分 fēn), referring to
Four-Stage Theory of the Republic of China Four-Stage Theory of the Republic of China The Four-Stage Theory of the Republic of China or the Theory of the Four Stages of the Republic of China is a viewpoint proposed by Chen Shui-bian, the President of the Republic of China (Taiwan) from 2000 to 2008, in 2005. It is a viewpoint regarding the political status of the Republic of China, whose government retreated to Taiwan after the Chinese Civil War in 1949. The main idea of the theory is that the time line for the development of the Republic of China can be classified into four stages, which are: