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.
The US has much further to fall, but it's falling very, very quickly and if there's ever another Democratic president they're going to have to rebuild a lot of the government from scratch.
When the next democrat president gets into office, he or she should do the same thing as Trump: put trusted deputies in charge of various departments and whip them to actually do what people elected the administration to do. That’s how our system is supposed to work. And democratic voters would I’m sure be much happier with the party if they sometimes actually got what they voted for.