Well EU is busy getting out of having their supply routs and clientele being depended on Russia, can't really exit two failing tyrannic dictatorships at the same time - can you?
Communist China is still in recession and as manufacturing keeps exiting to India and other places, Chinese market won't be that attractive anytime soon.
No wonder real Chinese (Taiwanese) companies want backup plants elsewhere and are not interested into selling-off to failing dystopian dictatorships.