This article argues that the United States (US) has been able to exploit the international market dominance of US-based internet companies in order to internationalise state power through surveillance programmes conducted by national security and law enforcement agencies. The article also examines the emerging threat to the US from China, which is attempting to establish 'geo-economic space' for its own internet and technology companies. As Chinese companies become more competitive, they threaten both the commercial dominance of US companies as well as the geopolitical power of the US state. Furthermore, the US has concerns that the entrance of Chinese companies into its own market, specifically Huawei, could make it susceptible to the 'internationalised' power of China - such as Chinese state surveillance. In response, the US has sought to shrink the 'geo-economic space' available to Huawei by using its firms, such as Google, to disrupt Huawei's supply chains.