Especially since China is incredibly advanced in hardware manufacturing and is not at war with the West.
At best, this is just pushing for escalation so they can restrict exports on their side too.
Even, for them. In one of their speech (in France, on a YouTube channel called Thinkerview for those who know), one of their representative quoted a Chinese proverb saying: "Nothing is more favourable than stability, nothing is more harmful than chaos".
Social stability, free markets and long-term peace are in the interest of both parties.