If I were a CPC member, I'd be pretty happy with how this has gone. It was able to turn an initial misstep into a triumph: the people I talk to tend to take the view that China got a pop quiz and scored a B+, while all the other countries around are getting the same exam take home and flunking it.
[1] - "Welcome to Hotel California / ... / You can never leave!"
Of course, China was also probably worried about the economic and political repercussions of appearing to the world as not being strong or proactive enough in its response. So much of the global supply chain relies on China that even having the resemblance of not being in control of the situation would have produced a far greater economic bloodbath than we've seen thus far.