Apple has already stated (with regards to China) that they will respect the laws of the nation they are offering service in. So while they put up a constant assault against privacy invading moves in the US, they handed chicom the keys to iCloud with zero pushback.

If this passes you can be sure anything digital is no longer safe from alphabet agencies. Sadly the younger generation has no concern for privacy and the older generation likely has no clue their data is being siphoned. Advocates are too much of a minority to make a difference.