I suspect that a trader that convinces himself or herself that the BTC trading volume in China is fake is in for a rude awakening no matter in which direction the market goes.
+1.
Also don't forget: most of these asics are manufactured in China, and the Chinese have a track record of making cost-friendlier clones (even if its just for themselves)
I bet that when they start those cost-friendlier asic clones they will be mining litecoins instead of bitcoins.
There are quality products made in China but the clones made in China are nightmares.