Yup, it makes sequence of symbols. We already have seen that producing specific sequences of symbols is mindbogglingly powerful: merely DNA producers somehow has flown to the Moon!
And yes I am quite aware of Chinese room analogy. Perfectly fine applies to humans as well: single neurons in my head do not understand language, yet I as a whole I would say do understand. Just like applying Chinese room to humans does not help to estimate what humans can do I do not see how it helps to estimate what LLM can do.