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Will China invade Taiwan by December 31, 2027? Predictions

The market saysProbably not12% YES
YES 12%
88% NO

A YES share pays out if this happens and NO pays out if it doesn’t — so the 12% price is just the market’s implied chance of YES. How YES/NO contracts work →

Platform
Polymarket
Volume
$1,647,899 volume
Resolves
31 Dec 2027
Updated
3 days ago

The market prices a China invasion of Taiwan by end-2027 as a long shot, with 12% for yes and 88% for no. The price has held steady barely a point either way, suggesting modest cooling in near-term invasion risk. $1.65M in volume reflects genuine interest in a low-probability, high-stakes outcome.

The baseline case priced in: military action remains unlikely over a 36-month window, despite China’s stated goal of reunification and its growing military capability. What moves this market would be escalation around specific flashpoints—Taiwan’s defense posture, U.S. security commitments, or Chinese domestic pressure for action. A credible intelligence report of invasion planning would shift it sharply higher. Conversely, reopened diplomatic channels or Taiwan elections that reduce cross-strait tension could ease it lower.

Resolution hinges on whether China “commences a military offensive intended to establish control” over inhabited territory administered by Taiwan—a definition that captures a formal campaign but excludes harassment or small armed incidents. With three years to run, the market is pricing in restraint, but geopolitical events move fast. The price is a live read, not a forecast.

FAQ

What does a 12% price mean?

It is the market-implied probability. A 12% YES price means traders collectively judge the event about 12% likely.

How does this market resolve?

This market will resolve to "Yes" if China commences a military offensive intended to establish control over any portion of the Republic of China (Taiwan) by December 31, 2027, 11:59 PM ET. Otherwise, this market will resolve to "No". Territory under the administration of the Republic of China, inc

Where can I trade it?

This market is listed on Polymarket. Prediction markets carry real financial risk and may not be available in every state.

Are political prediction markets legal in the US?

On CFTC-regulated exchanges, political event contracts are available to traders 18+ in most states, though the picture is contested and varies by state. See our guide on whether prediction markets are legal.

How are the odds set?

By traders, not a bookmaker. The price is the live consensus of everyone buying and selling, expressed as a probability between 1% and 99%.

Where can I trade politics markets?

Kalshi and Polymarket carry the deepest US political markets — compare them in our Kalshi and Polymarket reviews.

What is a prediction market?

A prediction market lets you trade contracts on whether a real-world event will happen. The live price moves with supply and demand and reads as the implied probability. Read more →

How do the odds work?

Every price between 1¢ and 99¢ is the implied chance of YES. A contract settles at $1 if it resolves yes and $0 if it does not. Read more →

Trade this on Polymarket →

Prediction market contracts carry real financial risk and can resolve to zero. 18+.