China treats investments differently, they and their society thinks in long term. Spending money now and waiting 5, 10 or 20 years for the coins values to skyrocket seems to be their method. IE they dont think like Americans where it must be instant gratification. They haven't had that luxury.
That was my understanding as well which is why I am so confused by their interest in Applecoin; because it has nothing unique or different about it, there are 0 indicators that it's going to be here for the long-haul. There is clearly absolutely no logic behind their investments in APC, but I won't complain because it's making me tons of profit.