You have to be very cautious with China. There was a TV show which talked about bitcoin, no ads, and I'm still waiting for a government official to publicly endorse bitcoin. I'm not sure it would be good if someone does. I don't like the idea of Fincen messing with bitcoin, and I don't want a Chinese government agency doing the same.

Does anyone seriously think the Chinese government can help bitcoin? China has a laissez-faire attitude for now, but if it were to decide that this has to stop, they will act accordingly. China doesn't support democracy, and it's the world's biggest polluter, don't expect anything from that country.