That has been one familiar way to look at the China/Taiwan situation for several decades! The Communist Party of China may hold similar views.
However, this view is too narrow!
"Taiwan has an inadvertent, rarely acknowledged [???] role in global affairs: it’s a kind of sponge, soaking up much of China’s political, military and diplomatic efforts. Taiwan absorbs Chinese power of persuasion and coercion that won’t be directed elsewhere while the island remains free. ..."
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