> That's not a conspiracy, that's just how the CCP sees it (ask Jack Ma)

That is a conspiracy. Do you even know what happened to Jack Ma? From what you're saying you don't.

Also that was MANY years ago. The Shanghai stock market crashed. Companies had a lot of fear then yes. Things have changed and repaired. I'd say China in this sense is moving upwards and the US is going downwards in policy.

> You could argue the US has the Cloud Act

No, not really. Your Jack Ma example happened to Elon Musk to some extent. Jack Ma had a feud with the Chinese government as much as Elon had a feud with the US government in the last year or so. Back then Tesla and the other projects all tanked.