China will block all sites related to cryptocurrency and ICO transactions, including foreign sites.
Ads on cryptocurrency and ICO disappeared from Baidu and China's Weibo
China applies a variety of controls to ICOs and domestic and foreign crypto trading platforms, including a decision to ban all other related businesses, such as local and foreign crypto trading sites.
This statement is seen as a "knock-out" to completely stamp out the domestic cryptocurrency market.
Maybe this is one of the reasons of why Bitcoin market value cannot rise up permanently due to lot of obstacles are on its way including this one. If China will block the ICO then for sure lot of Chinese investors will be affected losing all potential investments that will support the Bitcoin market. Better if they should regulate it instead of banning as it has more Chinese people are already into Bitcoin investments.