We all know that the government of china is know for restricting or banning a lot of things that they can't control or anything that are against their beliefs. Bitcoin and other cryptocurrencies are decentralized in nature so no one can dictate the price and no one can control it, so it is not surprising that they also ban those exchanges that lets people buy and sell cryptocurrency and invest in crypto crowdfunding using their local currency. Will the future change? It depends, it is still possible that they will reverse their decision about cryptocurrency if they are willing to regulate it, if not there is no chance.