The Chinese government’s policy of banning cryptocurrencies has been implemented, but I don’t think Bitcoin will end completely. Many crypto enthusiasts in China are still active in the crypto market and still retain the coins they are working on. Because it touched China's government management, China does not want cryptocurrency to spread in China, otherwise the government cannot control it.
Other countries in Asia support and accept Bitcoin. China does not represent the entire Asia. Without China's support for encryption, the field of encryption is still valued, and encryption is not dependent on one country.