The Peoples Bank of China (PBOC) is the first major central bank to hint at issuing its own digital currency. Consumers fear an end to the anonymity of cash, but officials say that their goal is controllable anonymity.
I don't know what are you going to say about this guys regarding "controllable anonymity". Do you think it's a good thing for Chinese consumers? As China is pushing to invest big time on blockchain by 2023, along with removing the "cryptocurrency mining" ban and circulating a Bitcoin article to their citizens, I think it's a good sign.
I strongly believe that Bitcoin and other cryptocurrencies would be massively adopted much faster as China is back in the game as one of the biggest crypto players around the corner.
I think that 'controllable anonymity' is pretty much an oxymoron (oh, right, now I see that avikz has already mentioned it). If it's anonymity, it cannot be in the hands of those from whom people are trying to hide their activities. Surely, they can claim that this 'control' will only be used to prevent severe illegal activities, but we all understand it can be used to track people for all sorts of reasons, both personal and governmental. So if I were in China, I would not buy this 'anonymity' talk and would not use this coin for any operations which I don't want to be known.