The main problem with China is the existing laws and regulations. It is not the people. The people can spread their wings and get interested to know and learn about cryptocurrency and how to get into it and how to start investing but the problem is that they are hindered by the government itself. The government is trying to screen everything that comes into the country. And in the process they are also blocking the new technologies and opportunities for its people. Whatever adjustments done by projects if the government does not have the taste to let them reach its people everything is useless.
I'm in China. This is not the case. Most of my friends are involved in blockchain projects and also trade tokens. The government restricts only the public recruitment activities of ICO and IEO, and does not strictly prohibit transactions, participation, and development of blockchain.