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This is the best summary I could come up with:
TikTok is gearing up for a legal fight against a U.S. law that would force the social media platform to break ties with its China-based parent company, a move almost certainly backed by Chinese authorities as the bitter U.S.-China rivalry threatens the future of a wildly popular way for young people in America to connect online.
Beijing may not want the U.S. action against the popular short-form video platform to set a "bad precedent," said Alex Capri, senior lecturer at the National University of Singapore and research fellow at Hinrich Foundation.
In its first official response to the new law, parent company ByteDance delivered a statement Thursday on Toutiao — a Chinese news app it owns — stating it "doesn't have any plan to sell TikTok."
With 170 million American users, TikTok should "have more guts to fight to the very end and refuse to surrender," Hu, now a political commentator, said Wednesday on Chinese social media.
The law has followed a string of successes by Washington in curbing the influence of Chinese companies through bans, export controls and forced divestitures, drawing protests from Beijing that the U.S. is bent on suppressing China's rise through economic coercion.
But TikTok, created by a Chinese company only for the overseas market and evidence of the nation's tech powers on the global stage, is a high-profile case that Beijing does not want to lose.
The original article contains 692 words, the summary contains 231 words. Saved 67%. I'm a bot and I'm open source!