They accept money from EU customers so, yes
And arrest you in case of visiting place within Chinese jurisdiction.
Unfun fact: there were multiple cases of people getting arrested after plane performed unexpected emergency landing in a country where landing was not planned. Both where arrest was justified and where it was not.
As a business? For sure. Not for every aspect of Chinese law, but for relevant ones and with enforcement in China or through mutual agreements with other governments.
This kind of comment is disappointing.
It shows a major lack of understanding of how law and businesses work, coated in a huge layer of outrage, all wrapped up in a Twitter-length type comment.