This is sort of true, though it’s hard to make a clear distinction between US capitalists and the US government when the capitalists control the government, and have since the 1776 bourgeois revolution.

China is a proletarian state, where the capitalist class is not in control: China's housing minister says real estate developers must go bankrupt if necessary

Whereas the US is a bourgeois state, where the capitalist class is in control.

It should be a known fact at this point that US companies share all the data the goverment wants, i don't think the greater influence matters in this case.