If they spin it off from the parent company, they will need capital in the form of stock, the Chinese can buy shares of this company. They can also be absorbed by another Big Tech transnational company with strong ties to China.
Another issue is that stock ownership does not mean anything without revenue. You can effectively control a company through labor or access to your market. They are doing this now with a number of U.S. companies offering them cheap labor and access to their markets. Down the road, they will get a 'return' through higher labor rates. The Chinese have a much more holistic approach to corporate control/ownership than we do which is focused on owning shares and being the 'owner'.
The videos are made by Americans that are watch by Americans. What Chinese made videos enter this platform is the question.
Finally, Google sucks and is a giant fraud that leaks out your private data. The government has weaponized many of their platforms such as Youtube to attack high profile dissidents and set them up to be killed.
Many of these Youtubers will get lucrative sponsorship deals funneled to them for participating. The chinese did the right thing banning this garbage off based on my experience.
Youtube has this corporatized/scripted feel to their videos that I can pick up.
I described how many Youtuber tried to pose as us which I exposed smartphone cropped videos and using low resolution when many of these people are millionaires.
I underwent Youtube attacks to push this dangerous narrative about me, setting up assassination attempts. The commentary was made to look homegrown and organic when it was high controlled through various governmental entities. Back in the day this was done through corporate media but now it takes place on Youtube which is effectively the same thing; however, it is more dangerous/effective killing machine.
Very Low Credibility...
10x credibility appearing on Youtube, and looking 'independent' and 'objective'. Videos might be smartphone cropped and lower resolution to imitate us.