Unfortunately, "China" holds grudges (in quotes, because I suspect it might not even be the government, but different officials wanting to appear as good citizens to the government, and definitely not Chinese people), so it won't be that easy: Simon will likely need to step down (though he's kinda being diplomatic in only "wanting answers", not putting particular blame on anyone, but he's still pretty adamant).
Witness NBA-Houston Rockets case which caused Houston Rockets games to be blacked out for 15 months even though Morey moved on from Houston late in 2020 after tweeting in support of Hong Kong protests early in the year.
What did CCTV do? Ban 76ers NBA games who are the current employer for Morey.