Is cosplaying a character fine?

I want to cosplay this character, and they wear a beautiful hanfu (I doubt it's historical in the slightest). But is it okay to cosplay them? I've tried researching hanfu because of them so either way it's a win. I am not Chinese so I really don't want to disrespect anyone.

I want to cosplay this character, and they wear a beautiful hanfu (I doubt it's historical in the slightest). But is it okay to cosplay them? I've tried researching hanfu because of them so either way it's a win. I am not Chinese so I really don't want to disrespect anyone.