actually what is china plan ?? news stories are like being dramatized by parties wanting to destroy bitcoin. as I know, China was a country that has raised the name of bitcoin and cryptocurrency, then what do they do now? if china will forget the result of their struggle so far !! seems unlikely.
other interesting things in China that seem harder to ban the bitcoin exchanges (thus my view they can probably ban China folk from bitcoin exchanges due to below)
https://www.theguardian.com/world/2017/jul/11/china-moves-to-block-internet-vpns-from-2018 China to ban VPN'S (so much for that work around to exchanges)
https://techcrunch.com/2017/08/27/china-doubles-down-on-real-name-registration-laws-forbidding-anonymous-online-posts/ wants real names on chat etc in China
anyway...if China can ban VPN's and require everyone to use real names and/or locked to their IP they probably can ban China exchange action by their citizens
not sure what it means...but China seems to be cracking down all over the place (or in bitcoin's case trying hard anyway)
All the above stuff also does not bode well for Hong Kong....they are gonna throw a fit if any or all above is applied there imho.