The situation over
Peng Shuai is still not resolved and WTA events won't return to the country until a satisfactory resolution doesn't happen.
The situation has calmed down quite a bit since it initially happened but the WTA is still not content with the resolution and they won't return events to the country until it happens. The ATP is not expected to follow suit in this regard as they wanted to stage events in the country in 2023 however the COVID situation made it unlikely.
The WTA released a statement on the matter saying:
"There has not been any change in the WTA position on a return to China and we have only confirmed our 2023 calendar through US Open. A return to the region will require a resolution to the Peng situation in which she took a bold step in publicly coming forth with the accusation that she was sexually assaulted by a senior Chinese government leader. As we would do with any of our players globally, we have called for a formal investigation into the allegations by the appropriate authorities and an opportunity for the WTA to meet with Peng privately to discuss her situation."