I would put it as ~1% per year right now, but perhaps other investors see it differently.
So a reasonable guess based on that assumption would be ~6.5% per year.
I'm not trying to be [overly] pedantic but HN is littered with comments basically just making shit up in a language of confidence and precision.
As you say, 1% versus 6.5% is a level of precision that isn't helpful. The way I prefer to think of it is that a Chinese invasion of Taiwan is sufficiently probable as to warrant making contingency plans for such an event, but not so probable as to warrant making active efforts to avoid Taiwan.
Taiwan is 30+Million people. I should imagine that would require a massive military undertaking.
https://www.metaculus.com/questions/11480/china-launches-inv...
https://www.metaculus.com/questions/5320/chinese-annexation-...
Production capacity losses might be realistic scenario and sales to west going down.