As I said in the other thread, I can ALWAYS sell at those insane high price and get the CNY in my account within 24 hours. So the price is REAL. The volume is inflated simply due to free transaction.

Their site may be down from time to time, but that's nothing worse than gox or stamp

In addition to btcchina, I can also sell on other Chinese exchanges with similar price and received CNY withdraw too.

Maybe they are just fu**ing smarter than you. Maybe they realize that this technology could be a hedge against their US debt holdings. Or perhaps they just want Bitcoin innovations to come from China vs. some other country. I mean, China wants power. When it comes to finances they are actually very forward thinking.