What is being proposed here is to treat China, and Chinese companies, the exact same way as American companies are treated in China. So, yes, countries are free to have whatever restrictions they want. But we, the western world, must not allow China to abuse our open markets while shielding their markets.

I have no problem with this. Though US' strength has always been insidiously entering foreign markets and forcing developing countries to be dependent on US tech (e.g India, EU, GB). The more US decouples from China in terms of tech, the more incentive you are giving China to be tech independent and thus, be free of US hegemony.

And these Chinese companies have the option of refusing to operate in the rest of the world.

It sounds like you don't have a problem.

So now the US represents the rest of the world? Let me know when the rest of the world bans wechat and tiktok

I'll be sure to keep you posted.