Would not be surprised to see something happen in the 2009-2010 time frame, but it will depend on a lot of other factors too. They would most likely act if we were tied up signicantly elsewhere, and given a pretext, either real or manufactured...and also, very crritically, based on just who it is that is in control of the White House and Congress.
The PRC is going after the ROC (to use the old, more descriptive acronyms) in the near to mid term at the most. They need a navy powerful enough for successful invasion of Taiwan while deterring US Navy intervention.
They also need many other elements, which they have or are getting (control of the Panama Canal, U.S. beachhead, offensive cyberspace capability, ASAT capability, Strategic Nuclear Weapons Threat, etc.) Much of this has been given to the ChiComs by Democrat traitors; one of whom was the President of the United States and a Communist Agent.
But you know all of this. So does the rest of the country. Most are too busy with their bread and circuses to care.
And all the while the noose tightens. Because the US is Red China’s main enemy. And Red China will happily first humiliate the US Navy to redeem China’s loss of face caused by the Great White Fleet’s ill-executed visit a century ago and continued by its defense of Taiwan today.
As far as the Red Chinese are concerned, payback time is coming soon. And their debt collectors will be visiting the US Navy on their way to Taiwan.