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?
Their "bitcoin". They can't launch their own "bitcoin". Even if they did, it won't be called bitcoin. The majority of the people will call it some other altcoin. You can say that they can build a crypto currency of their own, but don't be saying that they will be making their own "bitcoin".
Yeah, I was hearing rumors about china making their own crypto currency. Pretty much sure its going to be some sort of centralized currency controlled by their government so that they can more easily track their peoples financial aspects.