I'm glad to see that there are still people who think for themselves and don't blindly believe in what third-rate crypto portals like this are writing, and just for more profit trying to make a sensation out of every little thing. Bitcoin has never been dependent on China or the US, so it's really not clear to me why a good portion of the crypto community is so excited about what China will do about Bitcoin, or what it won't do.

If people still think that China has lost some profit because it has banned crypto trading and mining, it should look at how much Chinese GDP actually is and how much crypto has contributed to that. If we take the simplest example, miners mine about 27 000 BTC a month and earn a certain fee income - @stompix has calculated the exact amount somewhere, but even if China holds 100% of the mining capacity, the amount they would earn is quite trivial overall.