If China wanted to destroy bitcoin I think they could do it. Yes, they have that much juice.
One Chinese I know fairly well is vehemently and viscerally opposed to Bitcoin on principle and steadfastly refuses to learn or understand anything about it. I have to hypothesis that whatever factors effect her perception are at play with a healthy percentage of the rest of the population.
There is this black guy I know who is quite violent. I have to hypothesize that whatever factors affect his perception are at play with a healthy percentage of the race.
Asshats. Shameless libertarian asshats.