i have seen "china is banning bitcoin" for years now.
its a bit ridiculous to scream that every couple of months now, and i really don't think most people care about what might happen, because most likely china would just reverse itself as it always does a couple of months down the line
The Chinese government has implemented some tough measures and you can't ignore those. For example, it forced a number of mainland exchanges to close down their operations and completely stopped the BTC-CNY trade. Obviously these measures were not 100% successful, because a number of users just shifted their trading from mainland exchanges to those based in HK and Korea.