[comprev]

The laws within the country by which the product operates - and stores data - might not be compatible with regulations in which the customer must operate.

The legal headache for a US/EU company to use a SaaS product from China would not be worth the cost and risk.

It's not about the company or teams trying to prove trustworthy.

[shawnpang]

This is the most objective answer! If a Chinese SaaS company wants to grow in US/EU, compliance is a place they must invest in.

[comprev]

Cynically most people will probably assume (with zero evidence, just hearsay) their data is mirrored outside of the EU/US as companies bow to pressure from CCP.

Something along the lines of “We will grant you a license to operate in EU/US on the grounds we have full authority to inspect all customer data to ensure you are complying with CCP regulations”

Either way it’s a tough uphill battle for Chinese companies!