Do you think Chinese lab researchers have not read Yudkovsky, or are not AGI pilled? Hate to break it to you, but they are racing to AGI with pretty same reasoning as western labs.
Just recently DeepSeek researcher in his post was saying that they need to get to AGI first, because if Anthropic gets there first then that brings a dystopia. Exact same argument was used to justify launching OpenAI (against DeepMind), and Anthropic (against OpenAI)