It's this kind of logic: it depends on whether you believe the US is as big of a security or IP-theft threat to you as China is. Your premise relies on the US == China. If that isn't the case, your premise collapses in one form or another.

Taiwan, Japan and South Korea aren't afraid of the US. They are afraid of China.

Finland, Romania, Poland, Ukraine and Estonia aren't afraid the US will invade and annex their territory. They are afraid of Russia's territorial ambitions in Eastern Europe.

For example, how do you think Australia feels about it right now?

"China’s peak security agency has directed a surge in cyber attacks on Australian companies over the past year, breaching an agreement struck between Premier Li Keqiang and former Prime Minister Malcolm Turnbull to not steal each other’s commercial secrets."

https://www.smh.com.au/business/companies/china-uses-the-clo...

"China reportedly steps up efforts to steal Australian company secrets"

https://www.cnbc.com/2018/11/21/cybersecurity-china-reported...