Yes, but the question remains, what will the US (and our allies) do if the Chicoms force the issue? I suppose that's kind of a rhetorical question since there is no pat answer. Will depend, in large part, on who is POTUS and what the current "mood" is of our key allies.
The best opportunity for the Chicoms to attack Taiwan, and win, was during the obummer era. The US didn't have a single carrier on active, operational patrol for a period of time. That was also before our gallant President Trump began building "the Quads" and most importantly, our Pacific allies took it upon themselves to invest heavily in their militaries. If the Chicoms are serious, and confident, about invading Taiwan they should have done so back then.
Now, the US has 27 active, operational carriers and our Pacific allies 8 more, and the Brits have deployed a carrier task force to "the Chicom theater of operation" too. Dozens of small, hardly noticed, nations have joined in the anti-Chicom defense umbrella. The island nation of The Maldives have just received their first shipment of US-built anti-aircraft and anti-ship missiles. They sit astride an important trade route, especially for Chicom oil tankers coming/going to the Middle-East. And, The Maldives provide an important cover for India's naval operations.
I could go on, but the point is, IF the Chicoms were really confident of successfully seizing Taiwan they would have during the obummer era. Today, they would get clobbered and their entire invasion force obliterated.