There are two issues here. The first is the obvious censorship of a game from now all digital storefronts because it contains criticism of China's leadership, which should scare anyone who cares about actual censorship in games (as opposed to individual companies deciding to add more clothes to characters in different markets). The second is that CD Projekt Red continues to self-own in various ways after the release of Cyberpunk, including announcing and then withdrawing refunds for the busted console versions of that game and then following it up by announcing the re-release of a beloved but controversial game on GOG without actually having the guts to go through with it.
I think the first issue is much more important and there's basically nothing we can do about it. The mainstream movie industry is already under de facto censorship by China and now video games are too. We may see the release of China critical games by small teams with independent distribution, but we're never going to see a major game or even major game distributor feature a game that substantially criticizes China again. The fact that media can be censored internationally by individual countries is pretty terrifying but it's just a part of our dystopian globalized world.
The second issue is just a head shaker. CD Projekt Red will be fine, and Cyberpunk has already recouped its costs, but that company is in full on Sideshow Bob rake-stepping mode right now. All they need now is to announce a major security breach and everyone's personal information stolen from their storefront to complete their full on 2020 experience.