九二共识

1992 Consensus, statement issued after 1992 talks between PRC and Taiwan representatives, asserting that there is only one China

nine / 9

two / 2 / (Beijing dialect) stupid

common / general / to share / together / total / altogether / abbr. for 共產黨|共产党[Gong4 chan3 dang3], Communist party

common understanding / consensus

to know / knowledge / Taiwan pr. [shi4]

to record / to write a footnote