I must say "not...at all" is a bit too strong. After all, if it has no chance of being economically viable, why countries are trying? China is not the only one, U.S., EU and Russia are all doing experiments.It is not obvious that in-orbit refueling system will be economical at all. This device will likely be expensive; It will be like buying a new pricey battery for a old laptop...
My own understanding is that, on the one hand you have a satellite running out of fuel (for position maintenance) after say 10 years in orbit, the other part runs well, without refueling the only way to have a working satellite is to launch a new satellite, that cost a satellite plus a big rocket plus hundreds of man-hours of launching and controlling. On the other hand, by refueling you pay for a much cheaper refueler and a smaller cheaper rocket with much reduced man-hours of launching since most of the refueler's maneuvering is automated.