The China rumors are not confirmed anywhere, and at the same time zerohedge started them a huge spam attack started all over this forum. There's a thread about it in meta.
Big spam attack in the main sectionA day later and the forum is still being spammed by newbie accounts repeatedly posting the same FUD thread. Manipulators are putting massive efforts into fudding the price down when it was overdue a retrace anyway. There would have been a retrace without the FUD, but the FUD probably made it bigger by panicking traders.
The trend continues.