Pretty much.
It should be remembered that Jews in Germany were well aware of what was happening when the Nazis were rising to power. They had advance warning that Hitler and his party hated Jews, and actually, the Nazis encouraged the Jews to leave the country all the way until 1941.
But most of them did not manage to escape, because first, it was difficult for German Jews to just give up their lives and leave when their homes, families, careers, etc. were all in Germany and being a German was all they knew. And second, because they underestimated the brutality of the Nazis - ie they simply could not conceive just how bad things were going to get once the war started.
It feels very much that Chinese in the West are in a similar position today, where the vast majority of Chinese Americans, Europeans, Australians, Canadians, etc. are aware that things are getting worse, but won't leave because they're too invested, on one hand, and because they just don't believe that it'll ever get "that bad." They genuinely believe that, however terrible relations between China and the West become, as long as Chinese immigrants keep their heads down, it'll all be okay.
This is, honestly, scary to me, because it's similar to what most German Jews - and later most Jews in Poland, Austria, and else where in the Nazi empire - believed. That there is a floor to the Indo-European capacity for brutality. The Nazis, of course, proved them wrong. But it's not like the signs weren't there, even before that. Just ask the Native Americans and the other colonized peoples just blood thirsty Indo-Europeans can be. Once you recognize that, you recognize that they're capable of anything.