I can't be with the one I love/ who loves me?

Your first heartbreak is always intense, and feels like the end of the world. Many people have been there, and can appreciate (in part) how you must feel. However, I have watched many friends try to bridge gaps between what their partners' parents want, and what they want as a couple. It very rarely works out, and you have your whole life ahead of you to meet people and fall in love. If this guy isn't willing to take the risk of angering his parents, then that's his choice to make. If you do get together, it's highly likely that you'll be a secret, which is a very strange dynamic in a relationship, very prone to turning toxic. It sounds like you are both young, and probably still reliant on your parents, so his reluctance to cross them is understandable. However, that's not your problem. If I were you, knowing that pursuing this is likely to lead to more emotional turmoil and complication, I would go for a clean break. Being friends in the future may be possible, but hanging around him right now (if it's clear a relationship is not an option) will not help you at all. It's your decision. I'm very sad for you that a cultural divide has affected you in this way. When they work, cross-cultural relationships are the best (I speak from experience). Value yourself, and remember that you don't deserve to come second.

Thank you so much for taking the time to respond. The thing is we both go to the same school, we don't see each other that much in school though. And we're in the middle of exams and I need to focus but it's just so hard now.
Thank you for helping me to see the situation how it really is, I genuinely appreciate your help.