I strongly agree on your opinion that, the chinese government or central bank is not china and the people of China love bitcoin and cryptocurrencies. And adding also my opinion that, I believe that the Chinese government is trying to find a way to stop their citizens on money laundering from trading of bitcoins, and I also believe there might be a small group of wealthy Chinese citizens who are trying to evade paying taxes to the Chinese government. In addition, I think they do not hate bitcoin, but due to the nature of the secret transactions make the Chinese government anticipate by blocking it. On the other hand, they just issuing the ban of illegal ICO's that might be the one may cause of the downfall of bitcoin and China fears that most of money laundering is done using bitcoins.