Yes, that is highly likely. That’s why I’m always surprised that it’s almost exclusively Chinese products that come under suspicion in public debate. Not that we shouldn’t have safety concerns here as well, but it’s exactly as you say: With U.S. products, it’s at least just as appropriate to fundamentally distrust the manufacturers, especially since the country is obviously ruled by a criminal regime that has absolutely no scruples and blackmails other countries with everything at its disposal.

Chinese law mandates that businesses do intelligence gathering and that all encryption has a backdoor. So the question you should be asking is do you want to support a government that openly slaughters those who oppose it and use slavery to lower labour prices, or do you want to support China?

An yet you could say both countries are likely to have backdoor in your hardware. Which would you be more worried about though? Owning the local country hardware where they can then spy on you and bust in your door? Or the foreign hardware