China just marks parts of the Internet as a territory and introduces laws that meet the authority's satisfaction. Since free information and speech make people call in questions about the legitimacy of ‘the party leads everything’ and dark past, this situation won't get changed unless we distribute everything(but decentralization violates tech giants‘ interest) or a regime change happened. Otherwise, progress US and other countries made would just hold up a while.
I still think there is a good chance that China will allow more individual freedoms over time. Their people will get richer, get more familiar with the rights allowed in the rest of the world, and demand more individual liberties. The dark past will become more distant and irrelevant. And after enough time, if things go well, economic success and stability will be the source of the legitimacy of the regime, rather than a whitewashed history, so the ruling party will have less to worry about.
I could certainly be wrong. But I don't think it's right to just take it for granted that the Chinese internet will always be censored, especially when there is a discussion about whether China treats companies from other countries fairly where it is very relevant.