We have done much more with Red China. They are absolutely and clearly not aligned with our interests, either ideologically, militarily or politically. We are shooting ourselves in the foot by on one hand going overboard with them (IMHO) and on the other, distancing ourselves from, or paying only lip service to, India who at least has the chance to gravitate towards us without tremendous upheavel and change.
I believe we should treat the ChiComms as Reagan did the Soviets...but that's just my opinion.