governments monitor all major companies... including the US government (PRISM is pretty old now, so we can assume that they monitor others by now: https://en.wikipedia.org/wiki/PRISM_(surveillance_program) ). So if the traffic is not end-to-end encrypted, assume that they can view your traffic. Sometime they play on words and say that end-to-end means from customer to cloud... but the cloud should not have the key.
Not all governments are equal. Cut out this whaddaboutism. Edit: When I replied, OP was simply “governments monitor all major companies... including the US government”
So yes, you are correct: not all governments are equal, but the US and Chinese are similar in their practical totalitarian capacities.