If I was living in America, I'd much rather have the Chinese government spying on me than the American government, and vice versa if I were in China. Obviously that's me as a selfish individual - it does indeed make more sense for America as a whole to not want other nation states snooping on them.
Real choices (if you live in America) are (1) American government only or (2) American and Chinese governments both. As a resident of Canada, my choices are (1) Canadian and American, or (2) Canadian and Chinese.
The scary thing about this attitude is that if it's widely adopted and results in Huawei being welcomed (or something that facilities spying), it puts the people who do push back against the Chinese government in the crosshairs.
