Considering our data is being bought and sold by US companies to whoever I don’t think this is going to help with that. Tbh, I’m more scared of the US having our data than China. The US can use it to find people seeking abortions, or to track protestors trying to get human rights, or things like that. Not China. I’d rather they make a general law to preserve privacy, but this half-assed measure to preserve US monopolies.
Arrest you for protesting a genocide or trying to get an abortion? No, sorry, that’s something people in the US have to worry about when their government has their data, not China.