The issue is that China has done, on the whole, fairly alright for itself. So everyone with any power in the West is looking and thinking: "huh, so the freedom and rights and property were really not important for progress at all - might as well can it".
Meta, Flock cameras, Palantir. It's just a public-private partnership rather than purely state-owned enterprise, like the NSA/CIA/DoD.
In theory we have more distribution of power, but it's still surveillance and control that we have little say in.