Sort of. But it preferably should be handled delicately, because China could make life exquisitely unpleasant for Taiwan.
Pelosi's trip to Taiwan, for instance, is not very handy for peace and amity - it might be done (still with diplomatic cost) in less fraught times, but Xi Jinping has been exceptionally aggressive, autocratic and pushy. Also, China's public assault on the prospect of her visit is also an escalation, because it now puts the USA in the difficult position of potentially seeming weak by canning the trip. Even worse, potentially it's a deliberate escalation, precisely to force the USA into that decision.