Bitcoin will survive in China, that is sure. All this happenings are actualy try to regulate the Bitcoin not to destroy it. I think China is still interested in Bitcoin and they are not so sensless to go into some destroying campaign against Bitcoin. All this will be in their favour at the end but on long term it will not harm Bitcoin either.
As people in china choose to be hard headed about this digital currency, I think they will have to be more anonymous this time since their government was being strict to it. It's much better that bitcoin will not be legalized totally in the country, but people will still choose to invest bitcoin and hid to authorities and it could not be controlled because it's decentralized character.