People need to remember that VIA has worked with the Chinese government to make a CPU based on the AMD64 architecture for which VIA has a licence. Also remember that VIA has a GPU design that works perfectly well (albeit not fast enough to be competitive with ATi or nVidia) called the S3 Chrome.
The way that things seem to happen in China, it's only a matter of time before US trade sanctions against Huawei hurt the USA more than they do Huawei. China will have their own x86 CPU that, while perhaps not as fast as the offerings of AMD and Intel at the time, will be plenty fast enough for their purposes. I also expect that they'll advance the S3 Chrome GPU to the point that, again, it won't match ATi or nVidia but it will still be plenty fast enough that they won't need anything else.
China also has an advanced ARM CPU design that they have powering their supercomputers and let's not forget that IBM made the IBM Power CPU lithography an open-source product. The IBM Power CPU is an EXTREMELY capable design with some of the fastest supercomputers in the world using this architecture. I full expect China to exploit that as well.
We can also expect China to do wonders with RISC-V because, well, that's what they do. They take something and run with it to make it better and cheaper. That's a VERY powerful skill to have.