This is pretty much the whole story right here...
" NIFA official Li Lihui told a technology conference in Shanghai on Friday that a goal of Chinas monetary regulation is to ensure that the source and destination of every piece of money can be tracked. "
Bitcoin is the mortal enemy of '
tracking'. Therefore China is going to continue to assault Bitcoin from every angle. You can be sure of that.
I think only those in the Chinese government who hate Bitcoin, but certainly, there are a lot of Bitcoin participants in China, it's a huge country and the Bitcoin participants are a lot. China's economy is growing well, but they still do not want to be in Bitcoin for fear of impact