Remember the still empty non-entity list, the NBA boycott.
Chinese government made a choice not retaliating harshly against numerous economical assault from the west in the name of trump-up charges. If China made a few examples out of large multinationals earlier, western firms would probably think twice when harming Chinese interests. I wonder just how many punches are needed for China to understand the importance of reciprocity.
Look at it from another angle.
Reciprocity is not important, compared to winning or achieving your objectives.
The trade war and tech war could last a while.
Sooner or later, the Chinese will counter attack. Here is the counter attack, and this is not stopping.
Europe is going into its third lock down due to the coronavirus. What we have seen the last few days, China attacking all of the western world in some way shape or form, that is simply unprecedented.
This jailing of Canadian due the the American case of Meng Wanzhou, the contempt displayed for the whole world to see in Alaska by the CCP, the sanctions war against the EU, now boycotts of western companies which could mean they are finished perhaps even in RCEP.
Personally I would rather see the attack done this way in this irregular warfare, than just some knee jerk retaliatory type of actions.
After these two weeks, the opponents must regroup because they are isolated and in some cases reeling.
Simple retaliatory actions by China at the time of the original action against China, cannot achieve what we saw these past two weeks.
Best thing is this, this counter attack is not stopping.
Wang Yi going to Iran for a visit ... gonna to squeeze them all on that diplomatic front too.