Ironically, China has more Ai specific regulations than the US does already. Notably, they require algo applications (gen ai or not) to be registered with the government, much like all businesses need to register with the government. More recently they are cracking down on Ai companions (eg. no ai gf/bf)
https://www.rimonlaw.com/china-ai-law-brief/
https://www.lw.com/en/admin/upload/SiteAttachments/Chinas-Ne...
https://chinaregulatesai.alexmakosz.ca/