I was heard the news that's China has planning to be launching their bitcoin and their blockchain, but as we can see China are the mostly country that's affected by CORONA... So it is possible for them to launch their bitcoin at the moment?
Though I would have ask for the source of your information concerning this, can you help with the source?
China planing to create her own cryptocurrency is not as them create own Bitcoin, Bitcoin is only one digital currency and cannot be copy. Having said this; they are country that actually like cryptocurrency and having them to create their own cryptocurrency will be the best for the general community. The world economy need digital currency to overcome her today challenges caused by covid-19.
The world recent bailout for countries will only cause inflation, this is why digital currency will be the best in this covid-19 trying times.