>By that premise, Norway controls Microsoft and Apple because they own part of the companies
Even so, Norway's political/ideological/moral objectives are in line with the west's. There is a difference between the Norwegians having some influence in something, as opposed to the Chinese.
Norway is not s socialist state, it's a social democracy. Please do read up a bit on the difference as it's quite relevant to understanding politics today and in particular the confusion/conflation of concepts that are pushed in US discourse.
In a nutshell, the idea of social democracy is that you cannot have a democracy without ensuring all your citizens have the basics to live decently - food, healthcare, housing. It's a basic responsibility of the state that no one is left behind. This is very different from the concept of Socialism (as it is understood in the US context) which much more aims towards equalising.
Even so, Norway's political/ideological/moral objectives are in line with the west's. There is a difference between the Norwegians having some influence in something, as opposed to the Chinese.