Foreign companies in China have to play by Chinese rules, which are more restrictive than the US but so do Chinese companies. When it comes to doing business abroad China imposes very few rules or conditions. Meanwhile the US has been waging a straight up trade war on China with the not just implicit but stated goal of strangling China's technological progress. If anyone should level the playing field it's the US.
This is how this is perceived in the world outside the Anglosphere, it's astonishing how out of touch the American centric commentary on this is. China's open to do business with the world, the US and Western countries are politicizing trade.