Just to name a few:
Google
Youtube
Facebook
Wikipedia
Reddit
Netflix
Instagram
Whatsapp
Skype
Quora
Winnie the Pooh
Alice in Wonderland
Even though these things are banned in China, they are thriving in the rest of the world.
If China wants to crackdown Bitcoin mining activities, miners will go elsewhere. This is actually a good thing for cryptocurrencies, as it shouldn’t be under a decentralised, power-obsessed regime. China can play with its digital yuan.
Then why not totally banning Bitcoin ? don't think what is the reason behind it? yeah they are banning mining yet they are not cracking down the use and circulation of bitcoin in their region because the truth is ? their Yuan still needs bitcoin for development and acceptance.
Chinese thinking is not very open. They will not accept what they do not understand.
Bitcoin does not require any country or company to reach where it is today, nor does it require any entity to advance from here.
It's more like some small countries and companies need Bitcoin, provided that they understand it as soon as possible
it is not just that , they only want to prove the world how dominant they are and how they can ruin the world if they wanted.