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it is almost guaranteed China, Russia or any other country will eventually break it and potentially use it for blackmail to get their hands on corporate or national secrets.In fairness, this is pretty naive too.
The idea that a backdoor exists, and our intelligence community is not monitoring the proclivities of, say, Halliburton's chairman, is fanciful in the extreme.
I think it's safe to assume that everyone would be recorded, and some people would be watched in such a scenario. Anyone above VP level at Oscar Meyer, Boeing, Procter and Gamble, Booz Allen Hamilton, etc would be pretty high up on that "watch" list. Probably even anyone who knows the CEO at Boeing, or Intel, or whatever would be high up on that list.
I always look at it this way, the intelligence guys are at least as smart as I am, and if I had a back door, that's the minimum list of who I would watch. I think it very likely that we would have gotten to those guys and gals long before any Chinese, Indian, Israeli, or whatever nation's operative would.
This is part of the insidiousness of backdoors.