The Chinese authorities have invested about $6 billion in the development of the blockchain this year. Does this mean that China will become a leader in this area? Will the projects of Chinese companies increase in price or remain at the same level?
No I guess, not really. China will just accumulate too much of the market cap of the cryptocurrency in the blockchain, and if they didn't invest, or just improve the blockchain, still, they can't be considererd the leader of blockchain since they have no total control of its protocol.