No. In the US and Europe, you can transfer your Bitcoin throughout the world.
China wants to restrict exchange ledger withdrawals to only other verified people
within the country. Their new regulation is about restriction, not tax compliance.
Only time will tell what the impact this will have on bitcoin in the long run.
Hmm, haven't realized it was that bad... I thought they were trying to enforce KYC rules similar to what others have done, but I guess I'm just ill-informed.