Oh no. Far from it. This will hasten the implementation of the Great Reset and Chinese mores on Taiwan. Things are certainly moving fast.
Just my speculation.
I think China is going to make a play for the Russian Far East. Taiwan is just a distraction to make Russia have a false sense of security such that Putin took 40% to 50% of his Siberian forces to play in Ukraine.
Russia is vulnerable.
How will China move on Taiwan? They don’t have to, in the fullness of time they will get Taiwan, they don’t want to destroy infrastructure and factories that they need. They will take the long view even if it is 50 years. They are in no hurry.