Ironically I think you can make a pretty strong case that both the Chinese and American governments are more of a threat to their own citizens data wise given that citizens tend to primarily be pestered within their own jurisdiction.

That's not unreasonable. What I'd disagree with is if people thought a company based in a foreign liberal democracy presented a similar threat to a company based in China, which has an authoritarian government where state & corporations are largely merged and which is entangled in balance of power disputes with the US.

The US acts exactly like an authoritarian country in foreign interactions. Murder, wars of aggression, facilitating genocide, espionage, and so on. History shows that if you are not American then the US will treat you as if it is an authoritarian state.

Or if you're American and Black, gay, Indigenous, etc