Literally a myth, it is not that China wants bitcoin big businesses does. If you are going to China you can see a lot of stalls and businesses that accepts bitcoin as a payment, why? because it is pretty convenient. Chinese government already talked about this, and sadly bitcoin isn't a thing for them to adopt but the system behind it which is the blockchain. As for now I think China is working on their own blockchain project.
Sure, China is working on its Blockchain project, but the question is, will their product be decentralized? I think not, because its not profitable for the government. The question then becomes, what is the use of ordinary people from this project if it does not protect them from third parties?