But the issue is that bytedance is still physically located in China, and is probably subject to CCP pressure. eg. "it'd be a real shame if your beijing offices were shut down because of fire code violations". Or they go straight to the CEO and demand that they backdoor their US servers or he gets sent to the gulag. According to wikipedia, the CEO of TikTok reports directly to the CEO of Zhang Yiming, so there isn't really separation in terms of control.
> We may share your information with a parent, subsidiary, or other affiliate of our corporate group.
So I really don't see what your point is here.
Which leaves us with the question as to whether or not the government cares what the law says or whether they would back down if employees in China said they can't easily hand over foreign data.