Yes, but what will China do with the goods it manufactures? If they have the internal demand to consume them, that's good. If their plan is to sell exports to Western nations then they need to be strategic. TFA is about sanctions being extended to Chinese firms that invest in Russian energy firms, but one could imagine a spiral where the sanctions expand to other Chinese firms that produce manufactured goods ("embodied energy") as well. We're not there yet, but it is a possibility.