Whenever a Government Intervention takes place, they never give a Fuck to the capital but completely destroy everything that comes in the way. When they didn't think how much harm they would give to their own economy by banning exchanges there, do you really think they may re-think over their decision to ban mining operations as well? They are not able to keep an eye over their citizens' finances and they want to stop all this and so they are intended towards ending this crypto era in their country because they are scared of losing their control off their citizens as well as their rule over the country. (here, They: Chinese Government)