Nothing is stopping a bunch of Chinese bitcoiners from starting their own foundation.
I do, however, agree that we should refer to the Bitcoin Foundation as the American Bitcoin Foundation, since that's what it is.
That's not even meant to be snarky or ill-meaning, it's just... pretty clear that they are all-American.
I do think the Bitcoin Foundation could have done more. Why should the Chinese start their own? Instead, they should have Chinese members and also global members of other nationality in the Bitcoin Foundation.
If Bitcoin Foundation went into China, and explain the benefits of Bitcoin, and how it is already making China the Bitcoin's Number 1 power, they could make a different decision. No ass kissing necessary.
But from reading what the China government is up to. They are going to make their currency stronger, and stop using US Dollars. So they might have other plans.