Hmmm, a coin like the one you're trying to promote by spreading FUD? "Pesobit, the Simple Yet Useful Coin"? Haha. You're just like that other guy spreading FUD so he can promote his coin.

So what exactly do you mean by "China has way above 51% of mining power now"? Do you mean the largest pools combined have more than 51%, which also happen to be Chinese companies? If so, that doesn't mean all of that hashing power is coming out of China, it means all of that hashing power from around the world is being pointed at Chinese pools. Hashing power from around the world, that could just as easily be pointed elsewhere if need be.