I doubt Western action or inaction over Ukraine would have much of an impact on China. Let us say China chooses to invade Taiwan at some point in the next 10-20 years. What could the West do to realistically stop it ? You can introduce sanctions on Russia because Russia is a 1.5 trillion economy. Compare that to America which is 22 trillion economy. Now China is a 18 trillion economy, and it is poised to overtake the US in terms of GDP at some point in the next decade. In terms of P.P.P. China has already surpassed the US. This article lays out China's vs. America's economic position quite well
https://www.belfercenter.org/publication/great-economic-rivalry-china-vs-us Furthermore just walk into your neighborhood Walmart and look at how many things are made in China. If the West tried to introduce sanctions on China, over its hypothetical invasion of Taiwan, the West would also be greatly hurt by these sanctions as well. Sanctions work if you are the more, economically, powerful side. They don't work so well if the two sides are equal. Plus sanctions against China, unlike against Russia, would lead to severe shortages in the US, Canada etc... as China occupies a central role in global manufacturing and supply chains. This would have severe consequences on domestic opinion. Being a "human rights defender" and "global social justice warrior" is great and all until it effects your bottom line and prevents you from getting basic necessities at your local Walmart.
With its growing economy China is also starting to amp up its military spending and its nuclear arsenal. So with its growing economy China's military is growing as well.
China's rise has been directly fueled by Western corporate greed. Corporations went into China thinking they would get a cheap source of labour and that they would be able to control China to their liking. This directly led to a increasingly tightening noose around the West's neck. And i do not see one Western nation or leader who is seriously trying to do anything to reverse or combat this trend. And arguably it is already to late.
There's are more factors involved in this than simple corporate greed.
Dial the clock back to the 1950s. At that time, the US was the one and only manufacturer of all things useful. Japan was still rebuilding. South Korea was fighting for its life. All of Europe was still sorting through the rubble.
The people, via the government they elected, decided they could do anything they wanted WRT taxes and regulations. At that time, it didn't matter. If somebody in France wanted a radio, their choices were pretty much all American made. By the 1980s, Japan and Europe had tooled back up and were giving us all we could handle competition-wise. By the 1990s, S Korea had also decided it was time to play with the big boys.
By the '90s, while the tax situation wasn't quite as bad as in the 1950s, the regulatory environment was infinitely worse. Economically, all a regulation is is a mandate for a business to spend resources on something it otherwise would not have. Simply put, all regulation increases production costs, and those costs are always passed to the consumer to the extent the market will bear it. When the market begins to look like it won't bear it much longer, the c-suites can decide to shutter operations, or move them. Some of the c-suites didn't recognize what was happening, and simply closed their doors.
Corporate greed? Do you think the people in the chinese communist party aren't also greedy? That Winnie the Pooh isn't greedy?
Suppose, just for grins, we ended corporate taxation and adopted unilateral free trade (the way Singapore did, and the way Hong Kong had done prior to 1997) in the US, the way trade has been between the several states since 1789. What do you suppose would happen to unemployment numbers here, to mean annual income? Every business in the world with the capitalization to do it would domicile themselves in the US.
I agree with you (I think) on what Nixon and Kissinger did WRT China, and the ongoing fall-out from that.
"Corporate greed" is the scapegoat used by the (mostly) leftist political class and the ignorant sheep who follow them. It's impossible to overlook that the same greed American executives are accused of isn't producing spectacular results for the Chicoms. So why is it bad here, but good for prosperity there?
This is far more complex than mere greed could explain.