Monk touring China comes to island (2,5)
I believe the answer is:
la palma
'island' is the definition.
(Canary island)
'monk touring china' is the wordplay.
'monk' becomes 'lama' (I've seen this before).
'touring' is an insertion indicator (touring can mean going round).
'china' becomes 'pal' (I've seen this before).
'lama' placed around 'pal' is 'LA PALMA'.
'comes to' acts as a link.
(Other definitions for la palma that I've seen before include "Spanish island" , "A Canary Island" , "Island of the Canaries" , "one of the Canary Islands" .)