PRC corporations have a history of behaving in a mistrustful manner, combined with their obligations to the PRC State which treats its citizens as subjects, and sometimes not even its citizens, but anybody of Chinese descent, PRC corporations absolutely should be singled out and treated with mistrust. Our corporations have the obligation to turn a profit for their shareholders and sometimes that even means entering into a contract with the government, but theirs also have the obligation to advance the interests of the State. Dual mandates, even when not initially at odds with each other, often eventually come into conflict with each other, and State-owned or controlled corporations often don’t even have the profit incentive but are instead subject to politics. See also: the American corporations Fannie Mae and Freddie Mac for examples of why they’re a bad idea, although their enterprises are domestic.
This is off topic but since you brought it up, we’re not the free speech absolutists that we believe we are. What we took issue with specifically was the idea of a central government regulating speech, assembly, the press and the establishment of churches. We still had established churches for quite some time, but they were governed by the States, not the United States. Let me quote you the First Amendment:
> Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.
Everything you really need to know is in the first five words. It’s a prohibition on Congress, not a grant of rights, and this would later come to be incorporated against the States as well such that their legislatures have the same restrictions. The reason this amendment exists at all was 1. To quell dissent from the Anti-Federalists which campaigned against the Constitution in the ratification conventions and 2. Because then and now, we’re a nation of dissenters. Many of the people that migrated from Europe to the United States were religious dissenters or penal colonists living in exile. I don’t know to what degree you studied the Huguenots in French history, but they made a few attempts to establish themselves, each time French politics seeking their resupply attempts after the initial landing, before receiving a land grant in what is now Brooklyn, and then was part of the New Netherlands.