And to hopefully squash further speculation on this, reality check:
https://www.coindesk.com/report-pboc-quashes-rumor-it-would-shutter-chinas-bitcoin-mines/

Just as with the 'China bans exchanges' rumor last year some fool got hold of a piece of information, extrapolated its meaning to fit their biases or agenda, and then posted their speculation to that bane of civilized discussion and reason - Social Media. From there what started as a mild cough exploded into plague...