Both. China is a country of 1.4 billion people, they're detaining hundreds of thousands of people for no good reason in Xinjiang, they execute or imprison political enemies and are building artificial islands in the South China Sea in order to turn international waters into Chinese sovereign waters. The scale of that place will blow your mind. A single city like Guangzhou has 50% more people than the entire Bay Area.
You really think a single VC company that plays no critical role in national security is even on their radar?
YC is so tiny compared to so many things. I don’t think it would be a spat because that to me means China would respond or there would be [serious] rumblings within the ruling party.
Given the number of fuerdai in elite US schools, you really don't think that the CPC leadership would care about a public spat with YC?
I'm not trying to be right here, I'm honestly curious and would be honored to be disabused of my ignorance by a more informed perspective.