I don't think privacy is the main concern, it's what kind of content is being pushed/censored, but even if it were even drastic fines are probably not enough to

I don't think privacy is the main concern, it's what kind of content is being pushed/censored, but even if it were even drastic fines are probably not enough to dissuade privacy violations if the CCP decides it wants the data. Plus, how are you ever going to even find out in the first place?