I won't be surprised too that is another fake news. It is not the first time. We may start hearing tomorrow that the statement made was misunderstood. Like I have been saying, whales are really doing a very good job.
It is not that much of a fake news anymore. In fact there are some confirmations about it on trusted sources but China only halted exchanges just because they imposed that all business related ICO's should also have permits to operate and without it, they will need to be banned or shut downed in order for them to cease operation. Sooner or later we will see things getting back to normal as new local exchanges with permits opens up in China.
The good news is that despite the impending ban from China, things are looking up price wise. It will also be good if most btc mining isnt in the hands of a few in Chine, although I am yet to hear or see how the ongoing situation will affect the Chinese miners.