I don't follow the rumors, China is one of the strong country in the world but we are just talking about the mining, not the cryptocurrency using. So there would be no risk for me and people around me i guess. But i heard that many company in China is ready for the make their coins for cryptocurrency business.
Well, that's good, maybe in some other months bitcoin will recover again its price, for me, $10k is enough for bitcoin price. I am sure that even China banned bitcoin, there are still somebody using bitcoin in that country. If China will make coins for cryptocurrency business this is a good news for us since we all know China has also a good economy and great country in terms of businesses.