1st two paragraphs are worth pondering.
https://nymag.com/intelligencer/2021/08/chinas-sweeping-crackdown-on-big-tech-is-a-wake-up-call.html
This is a purge, right out of Stalin and Mao's playbook, with some new wrinkles. The Chinese Communist Party will purge anything that could grow to challenge their control.
It would seem now is a good time for America to pursue vigorous anti-trust suits, breaking up Big Tech. while China is preoccupied doing the same thing.
I'm not holding my breath that the US will do this.