I don’t know what it means for America, but what it apparently means for China is no more Chinese villains in films for an international audience
Honestly, as an Asian American, I actually prefer the villain characters as opposed to the new “sidekick/background” character trope. Hollywood writers and producers still know how to marginalize these new Chinese characters and unfortunately, it seems the Chinese audience is still naive to it. At least the villains had agency. These new Chinese sidekicks only purpose is to serve the “American” hero.
Time to watch some Chinese Sci-Fi instead, with Chinese hero and Russian sidekick