Taiwan is completely independent, it is just mildly schizophrenic, because one very small side of it (the die-hards of the Chinese Nationalist Party (a/k/a KMT)) keeps mistaking itself for Communist China.
We are in fact stuck in the fairy tale “The Emperor’s New Clothes”, and in this tale, the entire world, fearful that the Chinese Communist Party will bar them from selling their goods at the Communist Party kasbah, is willing to tell the CCP that the “Emperor’s” new clothes are delightful, and anything else it wants to hear, including that they believe Taiwan is not independent and is a part of Communist China (nudge nudge, wink, wink). In fact, as we know, the Emperor is buck naked, and the Chinese Communist Party is simply delusional if it thinks Taiwan’s full-fledged democracy is going to go back to the stone age of tyranny (Japan for 50 years and the KMT for 50 years), except this time with Communist China’s communist dictatorship.
Oh. And no one believes Taiwan is actually part of Communist China. They just say that so they can sell their whatever to China, or buy China’s really cheap stuff, get Kommunist Kash from it, or avoid China squeezing off their oxygen because they made the mistake of telling the truth.
We are waiting for the day the rest of the world actually has the guts to tell the Emperor that he is naked, and Taiwan is a great independent democratic nation of 23 million fantastic people who are not communists. Only when the world has the courage of its convictions and stands up as one to tell this to the Emperor’s face will the world be free from Communist China’s blackmail, propaganda, prevarication, and bullying, and the people of China free from the Chinese Communist Party’s 70 years of suffocating tyranny.