China used to be the biggest market for cryptocurrency in the early days, but its recent attacks on crypto-related activities and have negatively affected the entire cryptocurrency market. The recent fud resulted in the current dip in Bitcoin price, I think it high time miners in China think of relocating to more crypto-friendly countries.
Relax, they're just talking about Bitcoin. There are other China-based cryptos that have been cruising smoothly like VET and NEO.
Sooner or later they will open up even more. The China from 1980 isn't the same as it is now. It's just a matter of time.