I disagree with your point that private organizations dont go against the status quo in the US. I can’t turn on any news agency in the States without seeing headlines about where the US government is failing. and which political party is blamed for said failure depends on the bias of the news agency.
I 100% agree that news agencies are biased to their business elites in the US, but the foreign policy bias you mention is more related to that news agencies’ particular politcal leanings.
I find it hard to believe that the business elites that own news agencies are trying to sway the american peoples view of china because they feel they are losing some petty competition to make more money. We’ve seen the global opinion of china fall greatly since 2008, mostly due to how china is treating its people through strict surveilance, its attempt to control its neighbors, its use of wolfe warrior diplomacy, and increase aggression on the global stage.
I always imagined that it was due to a higher level of computer literacy amongst the consumer population. An hour after a corpo releases a new piece of tech under a subscription model, the software has been cracked and pirated all over the net.