In an embedded context, a lot of that doesn't matter either way - your dumb coffee maker doesn't have a lot of opportunity to spy on you anyway. Smart devices are a very different story. However, Chinese embedded chips are often very cheap for the capabilities.
Given all of that, China seems like a great option if they produce RISC-V processors.
The number of Windows-exclusive programs are rapidly dwindling. In a few years, it may not be such a big deal to simply avoid that with Linux (or FreeBSD).
State sponsored extortion is still a thing.
Outside the hobbyist space people do seem to be shunning Chinese SoCs AFAICT. Maybe no name TV boxes have rockchips, but other than that not much.
