Business with PRC and business with Chinese people are separate matters. I don't know of any North American university that doesn't have "the slightest business" with Chinese people; and "effectively every U.S. media" is not "name calling" them all.

What I have seen, is a select few journalists reporting on the proven PRC-funded academic espionage schemes, where the PRC is illegally bribing academics to privately provide advance copies of U.S. government funded research. The coverage of this has been sparse, and there are whole major outlets who simply have not mentioned it.