Quote from: tinoki on July 02, 2013, 08:16:10 AM

Authorities can move in anytime and your shares will really becomes Nuts. Ticking Time Bomb

The CPC doesn't seem to want to bring down bitcoin. They've been pushing it on their state TV:
https://bitcointalk.org/index.php?topic=194937.0
http://www.forexminute.com/bitcoin/china-loves-bitcoins-7723

There is always risk, but Friedcat is dealing with this:

Quote from: ThickAsThieves on June 13, 2013, 08:28:09 AM

2. Does ASICMINER/Bitfountain have any legal risks by doing business in China? Are cryptocurrencies or mining of virtual currencies allowed there?

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OFFICIAL RESPONSE FROM FRIEDCAT

2. Cryptocurrencies or mining of virtual currencies are OK. Exchanging them for fiat is less OK but the legal risk is mostly on the exchange operators' side. However as everyone knows, the policy in China is never predictable so there is indeed risks in the future. We have been considering and coping with this uncertainty from the day our chips passed the test and are on the start of building offshore company structures.