China FUD is always metter due to the market specific. Everyone scare any FUD in the industry so much that any bad news from china could stop this run and cause big dump
Not really.
I remember Chiese FUD from 2015 and it was all about exchanges being shut down. First they were planning to ban Bitcoin then banned only exchanges, then there were rumors about mining bans and such.
These news mattered for 2 reasons.
1. There were still big exchanges in China and a lot of trading volume came from there. Not anymore.
2. People believed in the news because they thought it could be real but the more of it was disproved the less people reacted to the new ones.