China has the advantage of numbers but Taiwan has the advantage
of US supplied hardware which is more high tech. But let's not
forget, China has never won a battle at sea. Also, their amphibious
capabilities are weak. For any successful battle to be won, ground
troops must be used. Just look at Iraq. Unwilling as the US was to
send in ground troops, in the end they still had to go in. With
their weak amphi capabilities, its questionable just how many
ground troops they can get across the Taiwan straits.
Anyway, let's look away from the military component of this China
VS Taiwan issue for a moment. Consider this, let's say that IF
China does indeed succeed in invading Taiwan. So freaking
what?
You think the Taiwanese ppl will accept China? No matter how China
tries to sweet talk them, I assure you the Taiwanese will NOT
accept these Chinese invaders. Despite all the crap that China says
about Taiwan being part of China, NOT a single Taiwanese will
accept it if China invades Taiwan. You think the Taiwanese will
wave little red books & welcome their fellow "comrades". My
foot!!
Chinese forces in Taiwan will face daily revolts & uprisings.
Just like what the US is facing in Iraq right now. And the Chinese
will respond with deadly force, thus angering the Taiwanese ppl
further. And this vicious cycle will not end until either China
pulls out of Taiwan, or every single Taiwanese person has been
murdered by the Chinese invaders.
And what about the US? They have said time & time again that
they will respond if China invades Taiwan. And let's face it, for
all their bragging & hot air blowing, China CAN NOT go head on
with the US. They brag that they are constantly improving, but they
forget that the US too is improving its arsenal.
Let's not forget the diplomatic front too. If China invades Taiwan,
you can bet they'll get expelled from the WTO & all other world
bodies. The UN may slap sanctions. The US for sure will slap
sanctions & probably try to influence its allies to do so as
well. China will end up being seen by the world as invaders. A
country which would rather go to war & kill millions of
innocents, than try to talk it over.
And you know what the greatest irony is? China says Taiwan is part
of China. So technically the Taiwanese ppl are fellow countrymen of
Chinese nationals. So by invading Taiwan & slaughtering
millions of Taiwanese, the Chinese are in fact killing their own.
Wonderful isn't it?
Speaks a lot of their human rights record.
But then again, what human rights record does China have? These are
the people who sent tanks to quell demonstrations held by
STUDENTS!! 
Problem with China is that they are too proud, arrogant &
trigger happy to think clearly. Invading Taiwan will result in a
disaster for not just Taiwan but also China. China is either being
naive or deluded by thinking everything will be fine once they
invade Taiwan.
The smart thing to do is NOT have a deadline for "reunification".
Just maintain the status quo until things can be settled through
dialogue. Problem is, every Chinese leader wants to have that
feather in his hat.
Deng Xiaoping wanted so badly to be the leader who reunited China.
He didn't get to be. Jiang Zemin also wanted to be. He too flopped.
Even now as the chairman of some military council, he's still
trying to reunite China. And he know's he's running out of time
which is why he's so eager to resort to war, recently issuing the
2006 deadline.
If the status quo is maintained for say another 20 years, old Jiang
would be dead by then & there goes his chance to be
immortalised as the "great leader" who reunited China. And that's
why he's getting desperate.
Let's just hope that Jiang & the rest of his communist cronies
have the sense to put their personal pride & ambition aside for
a minute & think. They can criticise the US for occuping Iraq,
yet they fail to see that if they invade Taiwan, they too will
encounter what the US is facing now in Iraq. Daily
bloodbaths!!!