Bitcoin is not banned in China. The problem was a communication error. Forbes magazine incorrectly stated there was a ban and in fact there was not:
So Baidu and China Telecom removed bitcoins as a payment option because they read the forbes article? I mean if anything else they don't need help to read their own language

From what I understand they did so temporarily until they receive legal clarification and understanding of the gov announcment. This is what they said anyway. It is not supposed to be permanent.