Yep. And it won't happen exactly to avoid military hostilities. If Beijing and Washington suggest them choice between Hong Kong scenario and Ukrainian scenario - absolute majority will definitely do anything to avoid the latter. To declare independence from the continental part, they have to change the Constitution and to do this, they need at least 2/3 of the votes.That will change the day china attempts to invade Taiwan
A formal declaration of independence hasnt happened yet only to avoid military hostilities
And, if allied with Russia, he can even win the war.Conditions inside china a very bad and getting worse
Xi may resort to war as the last hope to save himself in power