They will eventually take over Taiwan by buying them out...they are already infiltrating the Boards of Taiwanese companies....they won’t have to fire a shot.
I expect we'll have to write off the Taiwanese. Blood is thicker than water. They voted twice for a guy whose heart is set on reunification. In retrospect, Bush's decision to deny late model F-16's to Taiwan may have been a wise one. In a fight over Okinawa, I expect JSDF and USAF bombing runs over Taiwan, which is quite a shift from the WWII history of the Japanese and US air services facing off against each other over the skies of Formosa. We may get to see how Taiwan's old F-16's fare in a live fire version of aggressor training against our F-22's and F-35's.
That's pretty much the ongoing scenario.
Taiwan has been eaten out from the inside by PRC agents of influence.
Combine this with the DPP inspired attacks on anything resembling "National Spirit" and the infiltration of 'Western-educated' (read closet marxist) high school and university staff and you have country that is hollow. Ready, willing and bent-over for the PRC 'hope & change' thing.
IMO, Taiwan will go under to the Middle Kingdom. It is not "if"...its a matter of "when."
My guess is by 2020 the transition will be complete.
...and my tattered old U.S.A. flag will be hanging out to welcome them...;)