Many didnt pay attention to what Xi-jinping said and blindly bought BTC in bull run that started after his statement on blockchain, they are now cursing the crypto market.
Do you think a country like China which is a control freak btw, giving social scores to its citizens (they may not even give you a passport if you have low score) would adopt bitcoin which is a fuck you in the face to all governments? Keep dreaming. Bitcoin means freedom and the Chinese government is the complete opposite of that term.
China is a control freak country in term of its territory. You're right about bitcoin is a freedom and the centralized entities will always put it as an opponent to the absolute centralized system that created by the governments. China is the opposite party since when the bitcoin was created but, people are not even watched the full statements that already stated by XI in the past.