My opinion is that it doesnt matter if China likes bitcoin or not. Theyve supposedly banned it numerous times already & the price always recovers.
In conclusion, China either becomes bitcoin friendly in time or gets left behind. Bitcoin will be the biggest wealth transfer weve seen soon, its a store of value & a great payment tool.
Move with the times or get left behind, your move China!
So.. China somehow needs this bitcoin or maybe this bitcoin could easily be a great asset for China but it still depends on China if they are going to accept Bitcoin in their country.
Bitcoin cannot be used in their country if they are going to banned it, but for sure this is going to affect a lot of businesses and companies in China also their economy since bitcoin has a big impact on China's economy.
But we know that China somehow really is sensitive just banned something that they don't like... probably happened most of the time.