Not only that mining in my view brings HARD CASH into China....they are trying to stop HARD CASH from leaving the country...

also Avalon, Bitmain, Innsilocon, pinidea, panda  and ibelink I think all are China HARDWARE makers.....thus again the HARD CASH

coming in argument ...also lots of high ups in the China communist party are into mining big time from what I hear

so, imho it is unlikely mining will be targeted...and if it is ...they simply will make them mine to China fiat daily, if that is possible? , again imho

it does not have to be a crypto cash cow...it could be regulated to be a daily convert to fiat cash cow instead

but what do I know..at one time I drank the butterfly labs kook-aid in 2013