Taiwan opposition leader Ma Ying-jeou resigns as the chairman of the Kuomintang party after being indicted on charges of embezzlement during his tenure as the mayor of Taipei; Ma also announces his candidacy for the 2008 presidential election.

Taiwan, officially the Republic of China (ROC), is a country in East Asia. The main island of Taiwan, formerly known as Formosa, lies between the East and South China Seas in the northwestern Pacific Ocean, with the People's Republic of China (PRC) to the northwest, Japan to the northeast, and the Philippines to the south. It has an area of 35,808 square kilometers, with mountain ranges dominating the eastern two-thirds and plains in the western third, where its highly urbanized population is concentrated. The combined territories under ROC control consist of 168 islands in total covering 36,193 square kilometers. The largest metropolitan area is formed by Taipei, New Taipei City, and Keelung. With around 23.9 million inhabitants, Taiwan is among the most densely populated countries.