China implementing the National Security Law in Hong Kong, as forcibly as they did, was a trial run for what they want to do in Taiwan.
China's military has been built with the explicit long term goal of invading Taiwan. They drill for it, with pretty provocative displays - e.g. flying ballistic missiles over the island last year.
I think they will continue to build their military until success is assured, winning the battle before it's fought, per Sun Tzu. That's the best way to fight: make resistance obviously pointless.
Russia, to take a different example, never had enough troops to occupy Ukraine. They had ~130k troops on the borders. Per [1], crushing the Czechoslovakia 1968 uprising and maintaining order afterwards required 500k troops for 14 million people, and that was without state military resistance. Ukraine had 3x that, Russia would have needed an army on the order of 1.5 million. So the plan was to fly in and take Kyiv in a decapitation attack, but it failed, and here we are.
China has an army of 2 million people actively serving. Taiwan is 23 million people. I think it's a matter of when, not if, as long as Xi is in the ascendant, and isn't too distracted by the growing problems of the lopsided debt-laden, export-focused, manufacturer subsidizing mercantilist Chinese economy.
[1] https://foreignpolicy.com/2022/02/03/russia-couldnt-occupy-u...