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Believe it or not, I can be concerned about both.
The difference is, the place where I live has some data privacy regulations which actually get enforced, and I have some legal recourse against organizations which mishandle my data. China does not have such regulations and I do not have any recourse against organizations based there, so my risk from them is significantly higher.
I’m sure that you’re right, but I would love to have a list of references for this. Where do you find credible information on the labor sources of these companies?