Jason talks about how China's economy getting worse plus the US vs China trade war escalating means that many CCP elites in China and rich Chinese businessmen are getting around capital controls and getting their savings out via Bitcoin.
China is not getting worse like people think it does, the only problem they are having right now is mutual problem with other countries and mostly USA and they know that since its a mutual problem it will be solved much more quickly.
If USA is having a trade war with China it does affect the Chinese manufacturers badly and unfortunately to all world it will affect the price of products badly for everyone involved but that means American companies are not going to find cheap workers and cheap manufacturing neither and it won't help them neither.
Bitcoin does play a role in this for financial part of the deal to be done and people could use it as a loophole to deal with the money sending and receiving via the bitcoin or crypto world which would make Chinese yuan and dollar to lose value but its a temporary situation so its not a great thing for the long term, only good for short term.