For example, let us consider polestar, which was essentially developed by a Chinese company GEELY, which also bought out Volvo. Li Shufu—

On 28 March 2010, Geely signed a deal worth US$1.8 billion to buy Swedish automobile manufacturer Volvo Carsfrom American automobile manufacturer Ford Motor Company.^[4] It was the largest foreign purchase by a Chinese car manufacturer. Along with $900m of working capital from Geely and a commitment to build a Volvo factory in China, Li had a target of driving sales to 600,000 by 2015 in the domestic market.^[5]

Also, a Chinese company (DJI— drone maker) bought out Hasselblad, the same one that produces the drones.

Also, do not trust League of Legends, which is owned by Tencent corporation, a Chinese company.

Also, really really really do not trust TikTok, also owned by a Chinese company BYTEDANCE

Takeaway

What is the takeaway point? As much as people love to criticize and be anti-China mainland China, truth be told, they hold the power. At least the economic and manufacturing power.