I'd be more concerned over the massive amount of cheap Chinese cameras that have flooded the market and are likely sending video to the CCP.
They can, and those are valid claims.
As long as I don't visit China, why would I bother more about chinese databases that I end up in, through my Huawei router or Ali-express electronics (non of which I have. It's purely fictional), than about national, Europol, or American databases that I end up through my American-synced google photos/docs/contacts/gmail, or European agencies filming me on the street?
Put differently: The CCP getting my data is creepy, but hardly a problem in practice, whereas the EU or America getting that data has direct and practical implications.
(TBF: I replaced my Huawei router with a Fritz! Box because I'm afraid of leaking to the CCP. I don't use TikTok but instead Youtube/Reddit/etc for the same reason but if I think about it: did I really improve my privacy and security of my online data?)
But that also is not my individual responsibility. Why should I bother about TikTok or My Huawei router? On a geopolical scale that makes no sense. Yet at the same time, I am directly impacted by privacy infringements or malevolent compliance (cookie banners) by privacy infringing companies from the US or the EU.