A lot of the heads of AI labs are talking about this including Dario, Demis and ELon, they are seeking to do a sort of decentralized peer review system, where the competitors have incentive both for self interest and global interest to flag their competitors for actual risks, similar to the Fable situation where Amazon contacted the white house.

The idea is to have an early access distribution of the models to the big labs, including chinese, and let each lab run it's benchmarks. If there is a potential security vulnerability then it would be flagged and the local gov, US or China, would block the publication until the matter was resolved.