The partners didn’t want to establish strong trade ties because of national animus between their peoples stemming from WW2 and regional security concerns, not because China is an unreliable trading partner. From what I’ve read, China is actually a very reliable trading partner and generally asks a lot less of countries than the US does. Obviously that’s how they attempt to gain influence and leverage in US spheres of influence longer term to make larger asks, but most politicians only think of short term consequences.
I suspect they will squander the opportunity the US unforced error has provided, but we'll see.