They would 51% the network when they came back online, invalidating the fork the rest of the world was working on.
So the only thing that is stopping Antpool, F2Pool, and BTCC from combining forces (or being combined by the state) is the incentive to protect the integrity of bitcoin (the price of a BTC), their investment. Bitcoin truly is the "digital gold".
Say the Chinese gov is the funding for these pools now. And they have unloaded tons of US treasuries in the past few years. This is so interesting for China to have control of the first global currency. Is this what is going on or am I just channeling my best Jerry Fletcher.