I think the unfortunate fallout from this is that China now has confirmation that they are in a dominant position world wide and likely will start to exploit that fact. This isn't a statement on the country, as any country in that position would do the ame and has done so in the past many times over.
Wouldn’t this also read as China has peaked in this regard? As now, companies would probably rethink being so China-dominant and move out, reducing China’s influence?