/ˌkwoʊmɪnˈtɑːŋ/ or /-ˈtæŋ/)[5] (KMT), sometimes romanized as Guomindang via the Pinyin transcription system or GMD for short, and translated as the Chinese Nationalist Party[6] is a founding and ruling political party of the Republic of China (ROC). Its guiding ideology is the Three Principles of the People, advocated by Sun Yat-sen. It is the oldest political party in the Republic of China, which it founded, and its party headquarters are located in Taipei, Republic of China (Taiwan). It is currently the ruling political party of the ROC, and holds most seats in the Legislative Yuan. The KMT is a member of the International Democrat Union. Current president Ma Ying-jeou, elected in 2008, is the seventh KMT member to hold the office of the presidency.Together with the People First Party and Chinese New Party, the KMT forms what is known as the Taiwanese Pan-Blue coalition, which supports eventual unification with the mainland. However, the KMT has been forced to moderate its stance by advocating the political and legal status quo of modern Taiwan. The KMT accepts a "One China Principle" - it officially considers that there is only one China and that the Republic of China (not the People's Republic of China) is its legitimate government. However, since 2008, in order to ease tensions with the People's Republic of China, the KMT endorses the "three nos" policy as defined by Ma Ying-jeou - no unification, no independence and no use of force.[7]
The KMT was founded by Song Jiaoren and Sun Yat-sen shortly after the Xinhai Revolution. Later led by Generalissimo Chiang Kai-shek, it ruled much of China from 1928 until its retreat to Taiwan in 1949 after being defeated by the Communist Party of China (CPC) during the Chinese Civil War. There, the KMT controlled the government under a single-party state until reforms in the late 1970s through the 1990s loosened its grip on power
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