What else can they do, they can't really punish the US or Taiwan cause any kind of kinetic action will have bad effects on the Chinese Economy. Its still beneficial for China to wait until they get stronger and much bigger than the US in GDP and military budget. So, all they can do is throw temper tantrums and do military drills. Its sad but the truth is, US and Taiwan can do all the Salami Slicing that they want and China cannot do anything meaningful to hit back.
Its obvious that China has lost all deterrence against western countries increasing contact with Taiwan. German ministers are openly visiting Taiwan now. European delegation from various countries now visit Taiwan every week, almost like pilgrimage.
China has not been able to punish any of these actions because they know the relationship with the west is already bad and getting worse and they don't want it get even more bad.
I guess brokering a truce between Saudi Arabia and Iran and basically upturning the situation in the Middle East, visiting Russia, getting Global South to ditch the dollar, getting OPEC to cut oil/gas production during rate hike etc. is doing nothing and a low profile visit by renegade province is the epitome of acoomplishments?