Loosing West as a trade partner will really hurt China but it will not be the end. There is the rest of the world to trade with. China is building trade with Africa, South America, Asia etc. etc.
Besides I do not think a real decoupling will happen bar some major catastrophe. It will be as much economic disaster for the West at its current stage as it will be for China.
As energy importer China can rely on Russia, SA and other oil rich countries whom the US does not love very much. So I'd say they're safe in this regard.
>"The way Ukraine/Russia conflict is going is likely giving them pause."
I do not think China even needs this example. They can just simply wait.