You read correctly. That is exactly their position.

Not that they are fans of slave labour or of what is happening to the Uyghur people, per se. Just that in the scheme of things - as long the sales channels remain open and unimpeded - they consider it perfectly acceptable to do business in countries where genocide is happening right there, in plain view, for all to see. And will even go so far as to obsequiously apologize to the authorities in these countries for showing event the slightest hint of a suggestion that they felt otherwise.

Very much like back in ... certain countries at certain times that we're not supposed to make comparisons to.