Does anyone think China is going to risk that?
Yes
China will indeed take Taiwan and the world leaders will let them.
Why? What would they gain?
Xi has his hands full with an aging and shrinking population. Their one child policy ruined their demographics. It will take, literally, decades to get that back.
Their manufacturing system is aging and declining—just look at all of the manufacturing that has moved to Vietnam.
The real estate market in China is devastated. There are cities that could hold a million people...empty and decaying because they overbuilt.
On the plus side, their economic reach for natural resources is astounding. They practically own Africa. They will own the REMs in Afghanistan. Their Belt and Road will tie project—although faltering—will be akin to the Silk Road. They will be able to reach India and Europe much more easily over land routes.
There are a lot of arm chair warriors running around making bold predictions. But we all know that war is a political act. Attacking Taiwan (and thus the US and Japan) would result in ALL of these economic situations being exacerbated or lost. We would shut down the sea lanes around south east Asia. China would literally starve without the ability to harvest their crops.
Wars are won or lost with logistics. China does not have the logistical power to project their will around the world. At least not yet.
In ten years...maybe. But ten years in political terms is a lifetime.