What does chinesetraditional mean?

Separately, Chinese can be used as nouns, meaning: China people, China people, China people and China people; As adjectives, it means: China, China, China, China.

Tradition is an adjective, meaning: traditional; Oral; Routine; Inherited;

So as you wrote, chinesetraditional has two meanings: one is "traditional Chinese" as a noun, and the other is "traditional China" as an adjective.