The government has power and I agree with that but in the end none of them can stop bitcoin including countries that do have a big role in the economy such as the US and China and Russia will not be able to stop bitocin because they will continue to move according to what was planned from the beginning where it will be completed even 80 decades from now.
Some economic rulers such as China and America of course will not give up bitcoin because of the advantages that bitcoin has, even though they cannot curb or completely make bitcoin regulated but they are aware that they have to find a way to reap big profits from bitcoin in the end.
The biggest war at the moment is the financial war. If someone can fight with money, then it is not difficult to defeat them. China is in a higher position in the world in terms of finance with its technological advancement. They may not want to openly accept Bitcoin for strategic reasons, but they are definitely accepting Bitcoin.
On the other hand, the United States is already accepting Bitcoin openly and they have already started ETF trading. I am sure that both China and America have been able to estimate the benefits and potential of Bitcoin well, which is why one country may be secretly accepting and holding Bitcoin while the other country is openly accepting and holding Bitcoin.
Everyone's goal is to make profit and I don't think that China will lag behind in this matter in any way, as it has advanced in other areas of technology in recent times.