> Isn't this changing the devil you know for one you don't?

I don't think so.

How likely is it that China spying on you will actually impact your life, if you're living somewhere in the US or Europe?

Compare this to How likely is it that the US spying on you will actually impact your life, if you're living somewhere in the US or Europe...

I mean sure, this may be a relevant consideration for actual terrorists, but hardly for "regular" people that are more concerned about mundane details like their unhealthy dietary habbits being leaked to insurance companies, or their downloading of youtube videos being leaked to copyright holders.