I think it is totally fine from western perspective that Chinese government made a decision. Markets sometimes have corrections and some air is blown out and now everything can move on healthier. Sometimes a panic and overreactions is a way to buy cheaper. So I agree. China is not stopping us but we are not stopping china too. We can just not panic and look for the long perspective. 
I would have loved to hear the news actually. My mind is now full of questions. Are you talking about what Chinese government has done with ICOs? If you are talking about banning of ICOs, so it was a political move and need of time for them. After all, they have to take care of their local currency. We all respect China's decision.