No.
They won’t invade. They don’t need to.
All they need to do is impose a blockade.
Houthi terrorists have been blockading the Suez Canal for six months with zero navy vessels, and the US navy seems incapable of doing anything about it.
China has 10,000 times the resources of the Houthis, and can easily blockade Taiwan without a single navy ship.
US carriers are always outside the 1200 mile range of the Chinese coast, because of DF-21 hypersonics. Which means that US carrier based planes cannot even reach Taiwan.
Fair enough. But even a blockade would rightly be viewed as an act of war, so the ramifications of doing so would be similar to those of an all-out invasion. Even if they do invade, a blockade is likely to be the precursor.
Plus this seeming eventuality comes at a time when we are overextended and distracted elsewhere around the world by our endless engagements.
Our far flung and endless military adventures have taken a toll on our readiness. You can’t operate at a high tempo indefinitely, and we are coming close to that with our extended commitments around the globe. Platforms, weapons, munitions and personnel are under constant strain. Maintenance, training, replenishment and refurbishment get delayed. So less than optimal readiness when you really need it. Just sayin’.