My understanding is some manufacturing is already moving away from China. If China invades Taiwan, the West won't be able to sanction them as quickly and as intensely, but it can accelerate the move to take its business elsewhere... Which it will have to do, because most of the world's most advanced chips come from TSMC, and if that's controlled by China, it's just dangerous.
Agreed. Now that the world is riveted by Russia's mad rush to pariahhood, this is an insanely bad time for anyone to jump on Russia's bandwagon. Apparently China has yet to learn that by showing wanton disrespect now for the most basic of international civil rights, you terrify and alienate your customer base. Barbarism is very bad business, and will surely haunt both the actors and their cheerleaders for a looong time to come.