Another Fake News or FUD news from China?. Anyway, it is better to let China go out of Cryptocurrency World, we don't need greedy people who want to casually manipulate prices for their own benefit, Chinese Government is just a control freak Government. If they are officially out of Cryptocurrency activities mainly the mining then it will open a lot of opportunities for other miners and also Bitcoin enthusiasts who wants to get into Mining.
There's potentially so much money to be made here. I highly doubt they will pull out of the crypto world entirely.