For me it's not outrageous having a hockey team from China in KHL or Russian hockey pyramid. When politics and money are involved it doesn't matter about the popularity or having a solid background. I think that this will be done, especially if China will get the Olympics.
Currently the KHL has a lot of organisational/structural issues, some of them created by the lack of coherent decision, but even so, the point is that having a hockey team in China shouldn't be seen from a 'hockey development program' perspective, but rather from a lucrative deal with benefits for all the parts involved.