The old company wasn't a domestic political adversary; it was a capitalist corporation.
I'm not making moral comparisons; I'm just saying that the motivations of the PRRC and Coca-Cola are different.
It was a capitalist corporation beholden to demands by domestic law enforcement and intelligence agencies.
And just because a corporation is based in China doesn’t automatically make it some kind of government managed communist entity.
> The old company wasn't a domestic political adversary
That depends entirely on the politics in question. It's well known that corporations are willing to abuse their power for political ends if it serves their interests to do so.