“The Chinese” are several things.
First of all, they are the PRC.
(Huge)
Then there is the (also huge) Chinese diaspora which is not directly controlled by Beijing, is very powerful globally, and owns a LOT of companies and will not do things opposed by Beijing. Lots of Taiwan interests in this bunch.
Then finally you have American influence, which is slowly being elbowed aside.
There are not lots of Chinese not somewhere in one of these.
Most of them are NOT in one of these things.
Chinese guys with money are not good at being centrally organised this way.
Especially not the sorts who want to make real estate investments in San Francisco. This is capital flight. They are doing things Beijing doesn’t want them to do.