NATO was intended to be a combined military and economic alliance.
The post WW2 threat was the Russian military build up; history indicates that economics reduced that threat; it took a long time.
The current world situation might now see China as posing a greater economic threat than a militarily one.
Post Covid the balance of economic forces could change significantly; if so NATO could be a useful grouping of nations to provide a defensive response if required.
China might consider that their commercial strength is defensive, protecting the home interests whilst restructuring as will be necessary in future years.