US Citizens have some (reasonable) expectation they won't be spied on without some cause. They may even get back to that situation eventually through legal challenges against the supra-legal shit going on.
The rest of us, well, we were always subject to this oversight and it won't change. We just didn't have our noses rubbed in it very often and US media don't give a damn. I expect Chinese companies are just as paranoid about data flowing through the US as the US are about their data being in China.
It's a timely reminder for us all. Remember that putting your data elsewhere doesn't mean anything if (a) it transits the US unencrypted or (b) the parent company is US owned.
The rest of us, well, we were always subject to this oversight and it won't change. We just didn't have our noses rubbed in it very often and US media don't give a damn. I expect Chinese companies are just as paranoid about data flowing through the US as the US are about their data being in China.
It's a timely reminder for us all. Remember that putting your data elsewhere doesn't mean anything if (a) it transits the US unencrypted or (b) the parent company is US owned.